Dear Sir,
I wanted to customise budget period to have functionality of monthly budget. When I checked I cant see any view for Budget Period Object in "Activate Account Assignment Elements."
I was going throgh many links and SCN discussions. I may need to upgrade EHP and activate "PSM_GEN_BUDPER_1 function" also. Then as we use New GL, I may need to do the activity to migrate data from FMGLFLEXT to PSGLFLEXT or create ne Ledger for PSGLFLEXT.
I want to make sure below things before i go for above process. Please suggest as this would be very critical for us.
1)
After doing all this and relevant Budget Period Customisation, will I really be able to do the Budgeting and Budget Control MONTH-WISE? Because to use this functionality only I will follow above process.
2)
Do I need to create new budget structure (Budget Addresses & Posting Addresses) alsong with this new object "Budget Period"?
3)
At the time of MM, PP & SD postings this account assignment "Budget Period" has to be derived through derivation rule?
4)
If I create new ledger and assign scenarios to it instead of migrating from FMGLFLEXT to PSGLFLEXT where actually the data gets posted?
FMGLFLEXT Or PSGLFLEXT or Both?
- Nilesh