Budget in more than one currency

[Former Member]

Hi,

Can any one explain me the procedure to doing the budgeting in more than one currency. for example : I want to put a budget for WBS A in INR and want to put a budget for WBS B in EUR. Please explain how to incorporate in SAP PS.

Thanks in advance,

Vishal

[varshal_kachole3 · Accepted solution]

Hi,

While in CJ30 transaction maintain the currency at the Input screen with WBS Element.

This is the transaction currency (if above is not maintained then object currency is picked up).

This way the budgeting can be assigned in various currencies.

Also inside the Data entry screen select the transaction currency field in the drop down.

Hope it helps...

Thanks!!!

[Former Member · Accepted solution]

Thanks,

Can you please explain it in details because it will very helpfull to me.

thanks,

[Former Member · Accepted solution]

Hi,

Please follow the steps as mentioned below,

First check in your budget profile what budgeting currency you have maintained. Check the radio button for Transaction currency. Save it. Assign this budget profile to your project profile.

Run the transaction CJ30. In the input screen mention your WBS element and in the currency choose the currency in which you want budgeitng to be done and follow the same procedure as you do for normal budgeting. The system may ask you to maintain the exchange rate. You can maintain it in OB08.

Hope it helps. If not, please revert.

Best Regards,

Gokul

[Former Member · Accepted solution]

Thanks, Gokul

I have done all required settings, now i want to ask other question, How i have to entered the budget for diff wbs with diff currency..... Actually when i go for CJ30 and after given project all wbs are apperared in next screen, ok that is ok but theier is an one option to select As '' Controlling Area Currency'' / ''Transaction Currency'' which one i should have to select.

Please revert.....

Thanks,

vishal

[Former Member · Accepted solution]

Hi Vishal,

Try this,

In the CJ30 screen instead of putting the project definition do budgeting for individual WBS elements. Although i have not come across and have not tried this scenario i would suggest you to choose Transaction Currency and check. Since you want to do budgeting in different currencies i feel you shoudl choose the Transaction Currency because if you choose the Controlling area currency you wont be able to do budgeting in different currencies.

Kindly try this and revert so that we take it forward in case you face any other issue.

Best Regards,

Gokul

[Former Member · Accepted solution]

Thanks a lot,

When i have entring the budget in EUR with selecting the Transaction Currency and when i have save this Transaction system gives error '' E/1000: 0.00 < 6,000.00 (INR)

Message no. BQ004

Diagnosis

The annual budget 0.00 INR in WBS element E/1000 is less than the distributed budget 6,000.00 INR

One thing i have inform you, I have maintained Currency Exchange Rate 1 EUR = 60 INR.

Please Revert,,

Thanks,

Vishal

[Former Member · Accepted solution]

This message was moderated.

[Former Member]

Budget is to be kept in one currency.

It can be translated to another currency when enterprise consolidation is done.

[Makal]

Multiple currency budgetiing is not possible.

You can use any one currency in your budgeting.

[virendra_pal]

one project can be budget in only one currency

in the budget profile you can nominate which currency

for reporting you can translate this currency into another as required