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Sep 24, 2018 at 11:01 AM

Funds Management : Budget Transfer along with stock transfer

325 Views Last edit Sep 25, 2018 at 07:05 AM 2 rev

Hello Friends,

We have a Fund Center Hierarchy as follows :

Zone ---> Division ----> Sub-Division

Budget is allocated at the start of the year in each division and sub-division by the zonal management.

However while doing stock transfer from Division to Sub-division, we have found that system post correct FI journal entries

i.e. Stock A/c Dr (Fund Center 1) - 100

To Stock A/c Cr (Fund Center 2) - 100

But what happens is that the Budget of FC1 is increased by 100 and in the similar way Budget of FC2 is decreased by 100.

When we view the FMRP_RW_BUDCON report, we find that the actual budget allocated for the year is not reduced / increased, whereas the consumption/commitment column has values increased /decreased.

We want that whenever there is a stock transfer the budget in proportion to the FI amount should be transferred also,

This will ensure that the available budget remains same , and there is no need for refurbishing budget manually.

Our OFUP settings have both GR/IR Update selected.

Can somebody point in correct direction.?