budgeting at the time of material procurement.

[Former Member]

Dear friends,

Any one can guide me how to handle budgetary control to procure inventory? At the time of inventory procure system has to check for availiablity. If I'm using internal order or project the material will go into consumtion accounts. stock postion will be zero.

As per accounting standard I have to show the materials in inventory balance till I issue for consumption. Please guide me with some suitbale functionality where my procurement will raise commitment and also check for the avialiability of budget at p.o. level.

thanks and regards

satya

[iklovski]

Hi,

I would suggest to implement PSM-FM for this purpose.

Regards,

Eli

[Former Member]

Dear Sir,

thans for your reply

can you guide me the process and also what I have to assign at the time of purchase order and how it will take care in the commitment and accounting at grn level

thanks and regards

satya

[iklovski]

Hi,

The process is to implement FM. You can read the info here:

http://help.sap.com/saphelp_erp60_sp/helpdata/en/f0/ca5716260211d28a430000e829fbbd/frameset.htm

You will be able to define budget for your inventory and control it during procurement process.

Regards,

Eli

[Former Member]

Dear Sir,

Thanks for the information, I had gone through the link but I'm not clear. Could you please explain me how the activity takes place.

At the time of purchase order creation with out account assignment category how the FM components will triggered and how the budget will be be checked. what is the flow?

thanks and regards

satya

[iklovski]

For the flow of actuals in FM you can check this link:

http://help.sap.com/saphelp_erp60_sp/helpdata/en/f0/ca3e8d260211d28a430000e829fbbd/frameset.htm

[Former Member]

Dear Sir,

Thanks for the information, I had gone through the link but I'm not clear. Could you please explain me how the activity takes place.

At the time of purchase order creation with out account assignment category how the FM components will triggered and how the budget will be be checked. what is the flow?

thanks and regards

satya

[Former Member]

Dear Satya,

If possible activate Project system, make a project and maintain budgetory control on various WBS Level.

Nilesh Pistolwala

[Former Member]

Dear Nilesh,

If I am creating purchase order against project the material will be booked into consumption. I can do it with internal ordr also. This will not sustain my purpose. My stock should show in inventory till i issue for consumption, but at the time of purchase order it should create or check for commitment item.

[Former Member]

Dear Nilesh,

If I am creating purchase order against project the material will be booked into consumption. I can do it with internal order also. This will not sustain my purpose. My stock should show in inventory till i issue for consumption, but at the time of purchase order it should create or check for commitment item.

[Former Member]

Dear Nilesh

any updates in this regard