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Department wise budget allocation using Funds Management

Dec 24, 2016 at 09:23 AM

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Former Member

Hii all,

My client has department wise budget allocation annually(eg;mechanical,electrical,civil etc.,).when ever a maintenance order is created,the available budget check should takes place and release should only be possible,once the budget check happened?i being a PM consultant,want to know the derivation rule,which should be derived in Funds management and how to link it to Maintenance order.can any one give me elaborate explanation??

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2 Answers

Harikrishna Anumandla Dec 26, 2016 at 12:32 AM
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Hey Santosh,

Even am working on same kind of requirement...First you need to activate Funds Management to integrate with Plant Maintenance.

In the Work Order, Goto--Assignments-Funds Management.

Once you activate FM, funds management will become active in work order or else it is grayed out

Here in Work Order, you need to assign Commitment item, funds, funds center, Functional Area.

Then, based on the budget, if budget is available then PR--PO cost can be created.

If budget is insufficient then a error will be generated while a requisition is created.

This is how the process flows using FM.

Understanding FM Derive is not so easy without help of FI-CO consultant.

I suggest you to take help of him them, because there is a lot of integration involved with GL, Cost Center.

Thanks & Regards,

Harikrishna Anumandla

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Harikrishna Anumandla Jan 20, 2017 at 04:20 PM
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Hello Santosh,

There is an icon in work order which can check the budget. In order to activate this in work order first you need to have this Business Function LOG_EAM_CI_4 activated.

Once you activate it, you should be able to view Maintenance Cost Budgeting under the following path in SPRO

Plant Maintenance and Customer Service-- Information Systems for plant maintenance and customer service--Maintenance Cost Budgeting (MCB).

Here you need to define budget check for order types

Even you need to maintain Budget profile with tolerance limits under controlling and assign budget profile to the order type.

There is a lot much involvement of budgeting with FM.

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