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Funds Management - Commitment items for all GLs

Hello -

When we activate Funds Management, System expects a commitment item for every GL, including Bank accounts and Inventory accounts. I want system to expect commitment item only for expense accounts. How can I Do it. As such, we donu2019t have a budget for bank accounts.

Thanks in advance.

Chris

Edited by: Chris Farr on Nov 24, 2008 12:14 PM

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  • Best Answer
    Posted on Nov 24, 2008 at 11:27 AM

    Hi,

    Even if you do not manage a budget for certain acitvity, you have to secure normal creation of FM documents. So, you have to assign your balance sheet accounts such as vendor, bank, etc. to a commitment item (or in master data or via derivation strategy). If you do not manage a budget for bank/vendor, which is only obvious, make sure that the commitment items for these G/Ls are defined with a right category and financial transactions. Thus, you will avoid budget check in the postings on those accounts.

    Regards,

    Eli

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 24, 2008 at 11:21 AM

    Please note that a cummy commitment item can be created and assigned to all GL accounts relating to Bank and Inventory in GL master.

    You have the option to exclude specific committment items from budget check.

    Regards,

    Mamta sarda

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