Budget Vs actual report in FM BCS for each GL account

[former_member801009]

Hi,

I would like to seek your advise on below.

We are in FM BCS implementation stage and as per the customer requirement they would need budget versus actual report in FM BCS by each commitment or GL account.

Since they required line by line comparison, we create the commitment item for each GL and did derivation as 1:1.

So that budget Vs actual will be available in report for each budget item.

Please advise whether this approach is fine or do you have better solution.

Regards,

Shanid

[iklovski · Accepted solution]

Hi,

Having commitment items mapped to G/L accounts is not unusual. Of course, you have to keep in mind that some G/L accounts by their functional purpose, would have to be mapped to a commitment item, which would have no FM document created, such as banks, GR/IR, etc.

But, as a general idea, this is quite standard approach in many cases.

Regards,

Eli