We have SAP BP Baseling running in our company.
We are trying to control purchasing in our company using Funds Management (i.e. any PR/PO that contains an item that belongs to a cost element/GL account that has exceeded the budget will issue a warning and be blocked till the budget is upgraded).
We've done the basic configuration for PSM-FM (creating FM area, assigning FM etc. according to Config guide 951-FM basic settings).
We want to convert our CO Plan (Cost Centers: Actual/Plan/Variance found with transaction S_ALR_87013611) to a budget.
What should our commitment item heirarchy look like?
How do I view the commitment item heirarchy after creating it?
Do we need to create funds/fund centers?
How do I convert our CO plan to a budget?
How do I assign the commitment items to our cost elements (GL accounts)?
Is there any documentation that'll help apart from SAP library?