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Component: PSM-GM
Component Name: Grants Management
Description: In passthrough funding, the source grant is the funds received from the sponsor by the grantee. Compare the term "target grant".
Key Concepts: Source grant is a type of grant that is provided by a donor or funding source to an organization or individual. It is used to fund specific activities or projects, and the funds are usually allocated for a specific period of time. The grantor may also specify certain conditions that must be met in order for the grant to be accepted and used. How to use it: In SAP PSM-GM Grants Management, source grants are managed using the Source Grant Management module. This module allows users to create and manage source grants, track their progress, and monitor their performance. It also provides tools for reporting on the status of source grants and analyzing their performance. Tips & Tricks: When creating a source grant in SAP PSM-GM Grants Management, it is important to ensure that all of the necessary information is included in the grant application. This includes the purpose of the grant, the amount of funding requested, and any conditions that must be met in order for the grant to be accepted. Additionally, it is important to ensure that all deadlines are met and that all required documents are submitted on time. Related Information: For more information about source grants in SAP PSM-GM Grants Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information about how to use this module and best practices for managing source grants.
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