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Public Sector management budget control system open commitments for GL postings

Hi All,

In my current project, we have implemented PSM Budget control System. The project went live in April 2015.

My client follows 24 months as 1 fiscal year. They will be uploading budget for 24 months at the start of each fiscal year. The multi-year budget was not activated at the time of implementation.

My concerns are

1. Can we activate multi-year budget now as we have completed 2 fiscal years?

2. My client wants to show all the expenses basing on the fiscal year. any expense which belongs to the fiscal year 2016, the budget should be consumed from the fiscal year 2016.Also, the GL transaction posted should be posted in the year 2016. they don't want to carry forward residual budget at the each fiscal year.

3. I have tested carry forwarding open PO's (along with budget) from 2016 to 2017 using transaction code FMJ2. When I carry forward open PO's budget from the old fiscal year is transferred and added to the new budget. The client is ok with this solution, but his concern is that the GL posting should be posted in 2016, not in 2017. Note: my client will not carry forward the residual budget to the new fiscal year.

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