Skip to Content

PS and FM

Hi Guys,

i working with a customer, He d like to know where re the differents betweent Funds Management and Project System.

tank you for the attention.

Best Regards

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

2 Answers

  • Posted on Sep 06, 2010 at 10:44 AM

    Please refer this thread and below link of wiki quite useful. Other relevant material you will get in forum if you search with "FM Budget"

    http://wiki.sdn.sap.com/wiki/display/PS/BCS-BudgetControlSystem

    Funds management and project budgeting

    With Regards

    Nitin P.

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Sep 06, 2010 at 10:48 AM

    Hi,

    As far as i am aware there is not much difference between FM and PS however there is a major difference in the way you handle your budget.

    In Funds Management you can create every cost element as Commitment item and cost center as Fund Center and you can check the budget on this combination.In case of PS Budget, the budget is checked at WBS level and not in combination with GL. It completely depends on your business as to how they wish to use the budget functionality.

    Regards,

    Gokul

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.