SAP for Public Sector
The Business Process of Public Sector Accounting
SAP for Public Sector solutions support a variety of accounting processes:
- Budget formulation and preparation – SAP for Public Sector allows you to develop a budget according to clear objectives and appropriate standards, describing both your organizational objectives and the means to be used to accomplish those objectives.
- Budget execution – With SAP for Public Sector, you can reserve and commit funds, enter payment requests, and transfer payments to streamline the implementation of budgets.
- Grants management (grantee) – SAP for Public Sector enables you to manage sponsored grantee-related programs, such as grants, contracts, and cooperative agreements, from pre-award administration to post-award management and reporting.
Public sector accounting is enabled with SAP applications such as SAP ERP. To find out how SAP ERP can help you improve your public sector accounting, please complete the "Contact SAP" form and request information about enterprise resource planning.