on 06-14-2008 7:36 AM
Hi Experts,
Can we do Budgeting with out cost planning?How could it possible?
Regards,
Sanju
Hi,
Budgeting is Actually the Approved cost structure of the Project.
It is basically like the assigned funds for the project to carry out the project activities like procurement.
So If we know how much cost will be incurred on any WB element of the project Yes we can do budgeting.
Planned cost gives a baseline for the Cost with which we know what would be the cost implication on the project.
TCode: CJ30.
After budgeting the assigned value (It includes the commitments, actual costs) are compared with the Budget (Available).
Hope its useful.
Thanks..
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Hi Sanjay,
You can do the Budgeting with out cost planning.
The T codes for Budgeting are :
CJ30 Create Original Budget
CJ31 Display Original Budget
CJ37 Budget Supplement: Within Project
CJ36 Budget Supplement: To Project
CJ38 Budget Return: Within Project
CJ35 Budget Return: From Project
CJ32 Change Budget Release
CJ33 Display Budget Release
CJ3a Change Budget Document
CJ3b Display Budget Document
CJBV Budget: Activate Availability Control
CJBW Budget: Deactivate Availability Control
OPSX Budget: Reset "Budgeted" Status
CJ34 Budget Transfer
Regards,
Amit
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