on 09-15-2018 1:08 PM
Dear FM Gurus,
Greetings to all!!!
Could you please help me in resolving the below mentioned business requirement.
Client wants to budget in the combination of Fund/ Fund Center / Funded Program (Internal Order) commitment item and need to check the Budget availability while posting the actual cost against the WBS Element.
How we can check the budget availability check? here the Fund / Fund Center is common both the cases.
If any one worked on the same kind of scenario please share with us so that it can help to understand the process and provide the solution.
Thanks in advance.
Regards
MJK
Hi,
Two controls are independent and happen in different SAP modules: control on WBS is a part of CO budget, while control on FM objects is managed in PSM-FM. This is indeed not unusual scenario, where two levels of budget control are required. What is strange in your description though, is the fact that you mention that there is a posting on internal order, which is represented in FM by a funded program, and on WBS. This is a bit unusual. Otherwise, the settings are pure standard. In case, you encounter a specific problem, please, let me know.
Regards,
Eli
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Dear Mr. Eli,
Greetings!!!
Firstly I would like to thank you for your quick turn on my thread.
Actually I am new to Funds Management, and I am basically PS consultant. I don't have much knowledge on Funds Management.
Currently client doing the budgeting against Cost Center (Fund Center) /Internal Order (Funded Program) /G/L Account (Commitment) Combination.
Now Client wants to do the business as mentioned below.
1.Client gives budget on X objects in the combination of Fund Center (Cost Center) / Funded Program (Internal Order) / G/L account (Commitment).
2. Client wants to post against the WBS Elements, but system should has to validate the available budget at Cost Center / Internal order / commitment item level.
Hence, I am requesting you kindly suggest me how we can validate the Available Budget of Different address while posting of Expenses by referring the Other address.
Thanks in advance
Regards
M.J.K
If you map funded program to WBS and configure availability control in Funds Management, it should work
You could also configure availability control in PS
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Dear Tammy Powlas,
Thank you for your quick turn on raised query.
Could you please elaborate it? how we can fix this issue.
As per my understanding all the Three objects can be created as Fund Center and Internal Order and WBS element will be created as Funded Program. so how we can check the budget availability against the internal order at the time of actual posting with reference of WBS element?
Here we want to assign the budget in the combination of Fund / Fund Center / Funded Program / Commitment Item
e,g: Fund Center = Cost Center (Department)
Funded Program = Internal Order (Task / Project / WBS)
But while posting the expenses with reference of WBS element, system should validate with above mentioned budgeting address.
I hope now you got the detailed information about the raised query.
Regards
MJK
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