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Budgeting in Internal Order

Former Member
0 Kudos

Hi,

I want to do budheting thru Internal order. Following are my reqmnts:

1. I will procure my CWIP assets thru Internal order route. Will create a PO with category as I/O.

2. I/O will have a budget.

3. Error to be given if Budget is excedeed. (very much needed)

4. Settling I/O to CWIP asset.

Now how to do this in SAP?

Regards

    • Points will be suitably awarded.

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hello

During internal order planning, you enter costs, activities and business processes that you expect to incur during the life cycle of an order. Using internal order planning, you can compare plan and actual costs, and carry out a differentiated variance analysis.

You can manage the approved cost framework for an internal order or an order group using Budget Management.

The following different budget types exist:

Original Budget

This is the budget originally assigned, before any updates were made.

Budget Updates

Unforeseen events, additional requirements, for example, price rises for external activities, and so on. This may mean you need to update the original budget, in the form of:

Supplements

Returns

Current Budget

This is derived from the budget types already mentioned:

The following settings determine whether a budget can be allocated to a WBS element or an order:

Budget profile in the project definition

You store a budget profile or order type in the project definition. This profile contains the control parameters for budgeting. In Customizing, under Project System ® Costs ® Budget ® Define Default Budget Profile for Project Definitions you define:

The period of time during which budgeting is allowed

Whether budgeting is allowed for total annual values, and/or annual values

The following are additional ways in which you can assign a budget profile

Integrated Planning

Integrated Planning for Internal Orders allows you to settle internal order plan data to cost centers or business processes. You can then transfer them to Profit Center Accounting and the General Ledger.

Reg

*assign points if useful

Former Member
0 Kudos

Thanx for the reply.

Can you let me know what all Tcodes to be used for setting this I/O.

1. For Creation KO01 --> What considerations to be given when creating new.

2. Assign Budget -> KO22 -- What needs to be given here.

And what else has to be done

regards

Answers (0)