Creating Fund Centers from Cost Centers

Just as you can create commitment items from GL accounts using FIPOS is there a transaction for creating Fund Centers from GL accounts?
How can I ensure that my Commitment Items are linked to my Cost Elements?
How do I ensure that my Fund Centers are linked to Cost centers?

Hi,
Master data in FM is created separately; you cannot 'copy' it from other components, like CO, FI, etc.
Commitment items could be linked to G/L either in the master data of the G/L (FS00) or by derivation strategy (FMDERIVE)
Fund centres could be linked to Cost centres via derivation strategy (FMDERIVE).
Regards,
Eli

Similar Messages

Derivation of Funds Center from cost center for Asset PR/PO in FM

Hello Experts,
We configured new FM area and relevant BCS settings. It is working fine except PR or PO for Account assignment category A.
Issue: system is not able derive funds center from cost center in the asset master. cost center is not updated in EBKN table for Asset PR.
we have maintained the following;
1. Funds center is activated in Asset account assignments
2. Maintained derivation rule with function module: FMDT_READ_MD_ASSET
3. Derivation rule for cost center to funds center also maintained
If maintain funds center manually in PR it is working fine and consuming budget also.
Requirement: How derive funds center from cost center assigned in asset. I have verified all tickets raised in this forum, but nothing has answered my question.
Request you to provide solution for above issue.
Thanks in advance for support.
Regards,
Chalapathi

Hi Venkata,
You have two derivation rules, first related to Asset function module and second one is related to CC and FC combination.
You need to maintain the function module derivation rule first then you need to maintain the derivation rule related to combination of CC and FC. Because first you need to derive CC from asset master and then you need to derive fund center with reference to this CC.
Regards,
Ankit Agarwal

Funds Management-Derive Fund centre from Cost Centre

Dear Guru
In funds management -Derive Fund centre from Cost Centre" i used to have 8000 entries till yesterday. So there were 8000 combinations of fund center with cost center.
Somehow I can only see 80 today. Somebody might have deleted those.
Is there any change log availble to see who deleted and when?
Archit

Hi,
I see... Deletion is not logged there, I'm afraid; only modifications on existing entries. Unless, you have specifically defined log status for the relevant FM table, which I doubt. I believe, no one would delete 8000 records just for laugh. Most probable, the entries were deleted with a transport request.
One more reason to follow my advice and maintain the link in a different manner.
Regards,
Eli

Reassignment of commitment items & fund centers in open PR, PO & MIGO docs

Hi
We are using Fund Management (BCS) in our system since last one year. Now starting from next fiscal year ( 01.04.2009) we want to replace some of the existing fund centers and commitment items with either newly created fund centers & commitment items or existing ones. We will be changing FM derivation strategy too.
How should one go about it? Whats should be the strategy and procedure for replacing the commitment items & fund centers in open PR, POs & other open document. I know there is option of reassignment of fund centers and commitment items using reassignment derivation strategy. But I am not clear about the steps involved and strategy one should use while doing so.
Pawan

Hello Pawan,
You can also combine reassignment with closing operations (Carryforward with reassignment)
Pls check the link, under 'Closing Operations -> Derivation Strategy for Reassignments with Closing Operations'
By doing so, you can carry forward for example open PO's assigned to given account assingment in 2008 to a new account assignment in 2009
Reassignment programs RFFMCHAN and RFFMCHAT are normally used when Wrongly assigned documents or changes in the responsibility areas of the functional assignment necessitate account assignment changes within the year, or when PSM-FM is implemented later than other components.
I hope this will help
Kind regards
Mar

Creating Fund Center

Hello All
I am using ECC5.0, while creating fund centers, it asks to to enter user name, i am entering my name but it is displaying error message "user not found". I guess i have to define user name some where. Your help will be appreciated.
Thanks
Sami

Please enter SAP user name
http://web.mit.edu/rolesdb/www/definitions.html
Hope this helps
Pls assign points as way to say thanks

How to distribute from cost center to profit centers?

Dear Experts,
We have created profit centers as per business. We have certain expenses that are common. e.g. IT, A/c, HR etc. We have created cost centers for the same. Now we want to assign it to various PCs. How to distribute from cost center to profit centers?
With Regards,
Ajeesh S
Moderator: Please, avoid asking basic questions

Assign profit center in cost center master data at KS02. It will directly post to profit center
Srinivas

Steps to create and assign new cost centers?

Dear all,
Pls share with me the steps to create and assign new cost centers.
TIA
kogi

Refer to the following link, will help you with the cost Center creation.
http://help.sap.com/saphelp_470/helpdata/en/08/5145cc43b511d182b30000e829fbfe/frameset.htm
It is actually the job of Fi consultants.
Post your e-mail ID I will send some documentation.
Regards
AK
Reward points if helpful

Error message at the time create new Hierarchy for Cost Centers (OKEON)

Dear Experts,
we have create new company code with reference to old company code. at the time create new Hierarchy for Cost Center with t code OKEON system given the error message "Overlapping intervals or identical values have occurred".
we have already checked the duplicate entry but not found the same.
Please help.
Regards
BK GAIKWAD

the long text to the message is:
Diagnosis
You want to use cost center together with activity type . For this combination, however, no master data record was created in fiscal year . The record is defined in CCA during activity type planning.
System Response
Procedure
1.Create the master data record.
Activity type planning
1.Or, check your entries.
I think you should discuss it with your functional consultant

Two fund centers in 1 order

Dear
In maintenance order is it possible to assign to fund centers in one work order ?
Please have the look at FMDERIVER T code . Here we could assign the fund center against cost objects.
In my business for one major equipments mechanical, electrical they are doing the jobs. thier work centers, cost center are different. The fund should be deducted respects with thier end. Here we need only one order to carry the job
Thenna

Hello Jack,
This scenario is not supported by SAP beacuse you need to create one order using two different order types which is not possible.
Also pricing procedure is determined using sales area + customer pricing procedure +document pricing procedure.
So you cannot have two pricing procedures in same order. Also, pricing procedure is at header level so it is applicable to all items.
You can determine plant from below records in given order only.
1.Customer Material Information Record.
2.Customer Master Record and
3.Material Master Record.
If system finds plant in CMIR then it will not go till Material Master.
Order types are no where related to plant. They are on the basis of sales area.
Hope it helps
Reward if helpful.
Regards,
Priyanka

Re : Importance for Funds Centers

hii
any body please tell me . what is importance of funds center in financial accounting apartform that profit center, business area.

Fund center is basically is mater data element in Funds Management (Budget Planning and Execution) . further,the organizational unit in Funds Management is called the "financial management area" (FM area).
Funds centers are used to represent organizational units (areas of responsibility, departments, projects) and are arranged in a hierarchy. At the level of fund center, you can enter the budget amount.
you can not create the balce sheet at the level of fund center as on profit center & business area level.
Thanks

Funds Centers Security

Hi,
we are trying to manage security on funds centers 101515,102515,103515,104515, etc.
If I use 10515 in the funds centers field the system is reading 10 only which is not what we want.
Is there another way to isolate everything starting with 10 and endind with 515?
Thank you

That was a rather weak answer from me as well to take a potluck shot at it.
Other possibilities to use are + or % or # depending of the data type of te field, but using wildcards (and ranges) is usually a bit ugly anyway. As your fund center naming convention seems to have at least 2 ranges in it (which you could use when searching for example...), you will probably have to live with the fact that you will need to maintain the 10 values each time.
Other options are:
- To use a different field which can be related to whatever the 1st 3 digits are, and check that there are no DUMMY field values checked in important places.
- To reconsider the naming convention.
- To use derived roles and make the field an organizational level relevant field.
I know of one TM implementation where option 3 was chosen, and they were mostly happy. But the bugger is that it does make you inflexible when someone comes with a special request, or replicates problems when some admin makes a human mistake in the parent role (like popping a * into some object they haven't heard of before...).
Keep it open for a while. Perhaps someone else knows about other options or clever tricks?
Cheers,
Julius
Edited by: Julius Bussche on Feb 4, 2009 8:40 PM

Profit Center deriviation from Cost Center

Hi all,
I have just configured CCA and PCA for one of our new company code.
I have created 3 cost centers like A, B, C and subsequently same have been created as profit centers too.
Maintained the profit center in the cost center master data.
No other derivation rules has been configured so far.
Now i am trying to do a expense posting with F-02, after entering cost center, system is updating profit center field with a dummy profit center only.
Even i f a changed the dummy to normal profit center, again system replacing the normal PC with dummy PC.
I want like...when i enter CC as A, then i need to derive PC also as A for the line item. ( For both expense items as well as revenue items).
Please suggest.
Regards,
Srinu

Hi Chintan,
Thanks for your quick response.
We have already implemented the said SAP note.
Let me explain my requirement again.
We have IOA, CCA, PCA active in our system.
For every expense or revenue line item Internal order is mandatory.
apart from we have 3 cost centers and 3 profit centers ( 1:1 )
in cost center master , profit center is assigned.
1) users are going to decide the cost center, while posting FI direct entries only. So while doing F-02, they will enter CC, and IO manually and at the same time PC should derive from cost center master data ( as it is 1:1 only).
2) as specified above, we have IOA, CCA, PCA active. In this case IO, CC, PC are to be set as mandatory fields for Field Status Groups G004 and G029?
Please advise...
Regards,
Srinu

Allocation of Costs from Cost center to COPA

Hi
We are booking costs to a Cost Center with reference to a Primary Cost Element. However, in month end, the same cost has to be transferred to COPA. One of the Characteristics in COPA is also Profit Center.
The issue is that we can allocate costs from Cost centers to COPA through Assesement Rule, system requirement is for Assesement Cost Element, which is a secondary Cost element. In such a case, the PCA Balances, after execution of Assesement cycle are shown with the Secondary Cost Elements.
In a case, I have booked costs of INR 100000 in a cost center 103007 against a Primary Cost Element 423101. Since Profit Center 103007 is assigned in Cost Center 103007, the Profit Center Line Items will show a balance of INR 100000 against cost element 423101 for Profit Center 103007.
After this at month end, we need to allocate costs from Cost Center to COPA. But the requirement is that after allocation also, the balances should be shown against Cost Element 423101 for Profit Center 103007
Regards
Sanil

Hi Sanil
That is not possible.. There is no "Distribution cycle" available for COPA.. In COPA you can have either an Assessment Cycle or an Indirect Act Allocation or a Template Allocation...
I dont know about template allocation as I have never used that, but gut feel says even that wont serve the purpose...
One work around is you allocate from Cost Center to an Internal Order using Distribution cycle... Then Allocate from IO to COPA using assessment... In order to use IO as sender in allocation cycle, use note 605281
At best, what you can do is to use an Allocation Structure instead of one single assessment cost element per Segment... Using an Alloc Str, you can map, say, GL Accounts for Basic Salary, DA, HRA to one Secondary cost element... This way, create logical groupings of GL accounts and map to multiple secondary cost elements
But bear in mind, The more you use Secondary cost elements, the more will be the line items in CE1XXXX table...
Regards
Ajay M

Material Transfer from cost center to storage location

Dear Experts,
Can anyone please tell me what is the movement type for transfer posting of material from Cost center to storage location?
We have bought materials for certain cost centers, but we didn't use all our materials and we would like to put it again in our stock.
Can anyone help me for this issue?
thanks in advance,
regards,
Ahmed.

Hi,
1. If you bought the goods with "K" account assignment PO, you should cancel the GR (MBST or MIGO). After that you can receive the parts as stock items and post GI (MIGO + 201 / MB1A + 201) against cost center with the quantity you really used from them.
2. If you received the goods into unrestricted stock (GR against PO with no account assignment, MIGO + 101 ) and later you posted GI for cost center (MIGO + 201 / MB1A + 201), you can do the reverse movement (no cancellation!; MIGO + 202 / MB1A + 202) and this way receive the remaining goods into stock.
You can also use MIGO + 202 in case of point "1", but cancellation and after that GI with already consumed qty would be the exact solution I think.
Regards,
Csaba

PM Order Confirmation create actual posting in Cost Center, with CE type 43

Dear Expert,
I would like to know the business flow of Plant Maintenance that impacts cost center reporting.
During PM order confirmation, it will create an actual posting in Cost Center from Cost Center Reporting (No FI posting), say CC Operation, with Cost Element type: 43, which is attached with the activity type of Labor Cost assigned the the PM module.
Example: Cost Center: CC Operation, Cost Element: 840001 (CE type: 43), Amount: USD 100- (negative sign)
My Question:
How does this posting (currently is in controlling only) in cost center Operation with Cost Element type: 43 be reflected in my FI reporting?
Let say there is an FI posting of labor cost in CC Operation, amount USD 100, then from Cost Center Reporting, it actually offset both amounts, and this cost center become 0 in amount.
Kindly advise the concept of Plant Maintenance.
This seems like same with the concept of KB21N.
Thanks.

Hi Karthikeyan,
My issue and concern is similar to the issue raised as follows:
Secondary Cost Element Configuration for Plant Maintenance Order
http://scn.sap.com/thread/3488730
In this forum, it says that the posting in CO, during PM order confirmation is ...
+10 for Order and -10 for cost center A
After PM Order settlement:
-10 for Order and +10 for cost center A
From the cost center and PM Order CO report, they are 0 in value ...
Is this the correct way?
Thanks,
-Chin

Creating Fund Centers from Cost Centers

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