What is purchasing limits in SAP (SRM-EBP - Enterprise Buyer)?

SAP Term: purchasing limits

• Component: SRM-EBP

• Component Name: Enterprise Buyer

• Description: Category of extended attributes of an organizational unit of the organizational structure in SAP Transaction PPOMA_BBP. Includes approval and spending limit and the values of the user budget that are all used to start approval workflows.

Smart SAP Assistant

• Key Concepts: 
  Purchasing limits are a feature of SAP SRM-EBP Enterprise Buyer Professional that allow buyers to set limits on the amount of money they can spend on a particular purchase. This helps to ensure that the company does not overspend on any given purchase. The limits can be set for individual buyers, groups of buyers, or even for the entire company. 
  
  How to use it: 
  To set purchasing limits in SAP SRM-EBP Enterprise Buyer Professional, first log into the system and navigate to the “Purchasing Limits” page. From there, you can select the buyer or group of buyers you want to set limits for. You can then enter the maximum amount of money that can be spent on a particular purchase. Once you have entered the limit, click “Save” to save your changes. 
  
  Tips & Tricks: 
  When setting purchasing limits in SAP SRM-EBP Enterprise Buyer Professional, it is important to remember that these limits are not absolute. If a buyer needs to make an exception and spend more than the limit, they can do so with approval from their manager or other authorized personnel. 
  
  Related Information: 
  For more information about purchasing limits in SAP SRM-EBP Enterprise Buyer Professional, please refer to the official documentation available on the SAP website. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to set purchasing limits in this system.