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Former Member

Funds management year end activities

Dear FM Experts,

Recently we implemented FM, now we are going for year end activities we have small doubt in commitment carry forward. the below example will example the scenario

FY-2012 For fund center and commitment item is 10000 INR the total budget has been released and create a PO with the value of 6000 INR, the commitment budget for PO is 4000 INR when i execute the FMJ2 ( Commitment carry forward) transaction code system carry forward the 4000 INR to FY 2013. when we see the FMRP_RW_BUDCON report 4000 INR is showing in current budget, available budget and consumed budget columns, once we release the budget for 2013 FY the available budget will become zero and 4000 will appear in current and consumed column  and consumable budget still shows the 10000 only in FY 2012. Is it right behavior  of the system or we are missing any closing operations configuration.

Regards,

Ravi.

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2 Answers

  • Best Answer
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    Former Member
    Mar 13, 2013 at 09:33 AM

    Hi,

    FM year end open commitments carry forward and its behavior depends on the customization what you did and also whether you want to carry forward open commitment only or else commitment budget also.

    Suppose if you are not activated setting 'Activate budget carryforwrd commitment' (assume selected settings 'commt cfwd allwd' and 'activated bdgt CF cmt allow') then your conumable budget may not change remains as 10,000/- in  FY 2012, but in FY 2013 it will show as 4000/-

    In the reverse scenario i.e., if you are activated 'Activate budget carryforwrd commitment' (assume selected settings 'commt cfwd allwd' and 'activated bdgt CF cmt allow') setting, then conumable budget will get reduced in 2012 fiscal year  (it will show as 6000/- only) and in 2013 FY it will show as 4000/-.

    Comming to releasing, you can use the manual release option or automatic release option depends on the requirement.

    Hope you understood the behavior, the entire logic depends on the settings of 'Enter default settings and activate budget carryfowrd commitment' settings.

    Regards

    Rao

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    • Former Member Former Member

      Dear Minghong,

      Thanks for your help, and also we have to maintain the new budget type in edit status.

      Then when i try to perform FMJ2 system shows the right flow and also i selected automatic scenario in document type.

      so that my budget flow is sync in FY2012 and 2013.

      Regards,

      Ravi.

  • Mar 12, 2013 at 02:29 PM

    Hi,

    Normally, carry-forward budget inscriptions are registered in special periods (depends, of course, on your customization). So, when you run the report on 2012, make sure that the periods selected are from 1 to 16, and not from 1 to 12.

    Regards,


    Eli

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    • Former Member Former Member

      Dear Minghong,

      You mean to say if we carry forward only commitment the consumable budget for 2012 will be 10000 only. If carry forward the residual budget also at that time the consumable budget will be 6000 for FY 2012 right?

      Now in our case we are carry forward the commitment budget only in this case current budget will show 6000 and consumable budget will show 10000 is it right behavior.

      Once we carry forward the commitment to 2013 we need to manually release it through FMMPRELE is it correct or any other way.

      If you clarify the above points it will be very helpful to us.

      Regards,

      Ravi.