FM area effect and configuration

Hi,
  I want o know the effect of FM area, what is its effect , while creating the sales order we enter the fund center,  and fund center is created ref. to FM area,  but while creating Fund center in FMSA  there is no G/L account filed   the what is excact use of FM area and Fund center, 
I want to create new FM area  so in SPRO -> ES ->DEFINATION -> FI-> Maintain FM area, I have created new FM area,
and the same is assign to compnay code,  now I am trying to create new fund center with FMSA,  but what its effect exactly,  is there any G/L account update ref. to this.
regards,
zafar
Moedrator: Please, read basic material on Funds Management/Cash management modules

Hi Khyati,
In newer releases FM Area is assigned only to Company Code not Controlling Area.
FM Area will consider the CO objects from the Controlling Area that is assigned to the Company Code.
Please check documentation in the IMG Activity:
Funds Management Government->Actual and Commitment Update/Integration
Activate/Deactivate Funds Management
Please check also the following wiki about the matter:
http://wiki.sdn.sap.com/wiki/display/ERPFI/CompanyCodeAssignmenttoaFundsManagement+Area
I suggest you also to check the following consulting notes:
122581         Company code/FM area assignment in FM
356393     Different currencies in company code/FM area
1076029     Enhanced currency Customizing in PSM-FM
I hope this helps.
Best Regards,
Vanessa.

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