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Internal order Budget

Good day!!

How can I put budget in an IO ?

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 11, 2008 at 11:56 AM

    Hi,

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

    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

    As a default in customizing under Project System -> Costs -> Budget -> Maintain Budget Profile

    In the profile data of a standard project definition under Accounting -> Project System -> Project -> Special Maintenance Functions -> Project Structure Planning -> Project Definition -> Create -> Control tab page -> Group box Accounting -> Budget Profile

    In the profile data of a project definition in Customizing under Project System -> Structures -> Operative Structures -> Project Structure Plan -> Create Project Profile Status

    You can allocate budget after the status Created has been reached. If you want to prohibit budget allocation in the Created status, you need to define a user status.

    Allocation of Original Budget: After the planning phase is closed, a project or internal order is approved and budgeted by a decision-making body, to whom the original budget is assigned. For projects, the project manager distributes the budget to individual WBS elements using the top-down method.

    To budget a project or an order, you can:

    -Transfer the values from cost planning as a budget.

    -Enter the budgets directly in the WBS elements or order.

    If helpful, please assign points.

    Regards,

    Manju

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    • Former Member Former Member

      Hi,

      By not activating budget availbility control, u can achieve the functionality u r looking for.

      U can maintain budget values & view the budget, commitments & actuals in reports as well, but it will not stop u from posting excess values than the budget if availability control is not activated.

      Thanks

      Kishore

  • author's profile photo Former Member
    Former Member
    Posted on Jun 13, 2008 at 01:08 AM

    lastly, how can i view the comparative report between the budget and the actual postings of an IO.

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 11, 2008 at 10:08 AM

    Yes, You can.

    Use T-Code Ko22 to assign Budget against IO.

    you need to configure the Budget profile, number range to use budgeting for IO, in IMG.

    Assign point if helpful.

    Regards

    Ashokkumar

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 11, 2008 at 10:44 AM

    Hi,

    Budgeting can be done with Internal Orders. Please refer to the following link:

    http://help.sap.com/erp2005_ehp_01/helpdata/en/d5/74a9371c726343e10000009b38f842/frameset.htm

    Kindly assign points if my answer was helpful.

    Regards,

    Sangeeta

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 18, 2008 at 01:36 AM

    Thanks guys

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