Fund center budgeting and releasing

[raghavendra_praveen]

Hello All,

We are using BCS with Fund center + Commitment item. We have a scenario where in need to give budget for entire fiscal year and then releasing the part of budget every month.

For this do I need to create two separate budget types and activate the AVC on one budget type?

Will release functionality given (BCS -> Basic settings -> definition of budget data -> budget releases) in customization doesnt work for fund center when only used? I tried of creating a new budget type for release here and released the budget but my AVC checks the budget type what ever is created for budget but not for budget release.

Also is there any way to have budget structure for commitment items similar to fund center (top down kind of concept)?

Thanks

[Former Member]

Hi

''For this do I need to create two separate budget types and activate the AVC on one budget type?''-yes, you can create 2 types of budget, also you can create one budget type and assign couple of procceses to it.

[Former Member]

Dear Praveen,

You can give commitment wise Budget in FMBBC. If you want release for every month, you have to remove the automatic release in configuration and for monthly release of the same, the user has to manually release required budget against the fund center. We can't configure the monthly release of budget automatically becoz the system doesn't know how much each fund center want to consume.

Check with Technical team if they can create any programme for automatic release of predefined budget on monthly basis.

Regards

Anil Kumar