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Asset Budgeting in Fund Management

Dears

We are doing the settings for Fund Management derivation rules.

We have Cost Centres as Fund Centres and GLs as commitment items.

We have made a derivation rule that Cost Centre -> Fund Centre.

We have requirement to control the budgets for Asset Acuisitions.

I feel the derivation of Cost Centre in the Asset Master can be used for budget control and budgeting.

Since already Cost Centre-> Fund Centre derivation there, do we need to create another derivation rule for Asset Master Cost Centre ?

Please guide me how to do it.

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3 Answers

  • Best Answer
    Jan 07, 2015 at 01:04 PM

    Hi

    you may refer to this document it may contain useful information about budgeting in asset acquisition

    Budget on Asset Purchase

    Regards

    Mahmoud El nady

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  • Jan 12, 2015 at 08:19 AM

    Hi,

    That depends on the operation you do. To cover it 100% you have to create a rule reading master data of the asset (there is a function module for this FMDT_READ_MD_ASSET).

    Regards,


    Eli

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    • Former Member Eli Klovski

      Hi Eli

         I mean to say that as par para one...he is right

         But in reply to his 2nd para Eli is right...srry I missed that to reply.

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    Former Member
    Jan 07, 2015 at 11:36 AM

    Hi

    If CCtr defined in asset master is already in derivation , so no need to define any new derivation rules because from that FC will be triggered..

    And I think you have already maintained GL a/c to CI derivation also

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