Scenario on Procurement Budget planning, Fund management

Dear all,
Can any one put a light on this.
We have a scenario on " Procurement Budget planning " Fund management. We need to plan annual spend plan with respect to procurement.
Could any body suggest what settings need to be carried out with respect to MM module ? what are the responsiblities of MM ?
Does it carried by MM or FI ?
Any related material related to MM?
please suggest your valuable inputs.
Best Regards
Javeed

Hi,
Is your question technical or functional; that is are you asking who should be responsible for the content of the budget planning or how it's technically to do it in SAP?
If the first is correct, then it's for your budget officer to clarify it. There is nothing to be done by MM consultant, as MM is automatically integrated within FM framework for budgetary aspects. It's up to your FM consultant to set up the budget and take of relevant derivation rules.
Regards,
Eli

Similar Messages

  • Difference between controlling budgetting and funds management

    Hi All,
    Can any one please explain me about the differece between controlling budgeting and funds management.
    What are the additioanl features available in funds management when compared to budgetting in controllin
    Thanks in Advance
    Raka

    Hi Raka,
    FUNDS MANAGEMENT
    The mySAP Public Sector solution plans and controls the flow
    of revenues and expenditures, guides you through planning and
    creating budgets, and uses active availability control to monitor
    management appropriation. Funds management capabilities
    simplify the design of budget plans using special planning techniques
    and make it possible to differentiate provisional budget
    plans. The solution supports centralized and decentralized
    planning and budget execution of funds.
    Controlling budgets is a headache for businesses of all sizes. Many smaller businesses start off
    on the right foot by putting in place a good book-keeping system, but then fail to exercise
    proper financial control and end up in trouble. The only way to make sure that you make a
    profit is to control the budget efficiently. To do this, you need to estimate your sales income
    reasonably accurately, estimate your costs precisely, and keep both under control. You also
    need to charge the right price for your end product in your chosen market(s). It is important
    systematically to collect all financial documents in a methodical way, and keep all your figures
    up to date on a daily basis. This actionlist will look at some of the most common problems in
    controlling a budget, and suggest ways to tackle them
    Regards,
    Srinivas Muthyala

  • Budgeting and Fund Management Solution

    We are required to implement a solutioon for Budgeting and Fund management in existing CRM OnDemand used for Sales and Marketing. However CRM Ondemand is not giving us flexibility to embed our processes.
    Is anyone aware of any solution being available as 'Custom' solution for Budgeting and Fund Management and that integrated with CRM OnDemand ?
    It will be of great help.
    Thanks !!

    The On Demand High Tech Vertical has a "Funds" object. Contact customer care and they can provision it for you.

  • Double Check of Budget in Funds Management at the time of Full Settlement

    Hello Experts,
    We are in porcess of implementing MYERP2005.  Currently we are on 4.7 EXT 1.0. 
    In 4.7 when we do full settlement the system to the fixed assets the system was configured not to check the budget in Funds Management.  The budget is checked at the time creation of PO. 
    However I have issue with MYERP2005, i.e., when we do the full settlement to the fixed assets it checks the budget again.  I know there must be some switch in configuration that allows not to check the budget again at the time of settlement to the fixed assets. 
    Does any body know where I need to change the configuration?
    Thanks for looking into this matter.

    Hi
    If I can understand you correctly, you are talking about the asset under construction which are done in either PS or Internal Order.
    Since the budget is checked up when it hits the PS or internal order, hence it is not required to check up again at the time of settlement.
    Since settlement is controlling transaction, remove the relevant controlling business transactions under PSM-FM-Former budgeting->Integration->>
    Please Assign Points if the solution is found useful.
    Regards,
    Suraj

  • Amount for budget in funds management

    Hi
    In case of internal order, we give create internal order first then we give budget amount in KO22.
    Similarly, where we have to give budget amount in case of funds management. I have given fund, commitment item and fund center in FB60. But budget check was not done. entry was posted.
    Please let me know how to use funds management. I have configured. But how to use it effectively, let me know.

    Hi,
    Funds Management is activated in your company when:
    1 - You have activated Funds Management functionality (Enterprise Extension EA-PS is activated in transaction code SFW5
    2 - and flags "Account Assignment Derivation" and/or "Activate Update in Funds Management" are activated in customizing path PSM -> Funds Management Government -> Actual and Commitment Update/Integration -> Activate/Deactivate Funds Management").
    The checkbox 'Update' should be marked for your company code
    Please also check these important notes:
    1082741  Migration to ERP 6.0 (EA-PS 6.00)
    429225   Migration FI-FM to SAP R/3 Enterprise Publi
    666322   Derivation tool in the FM: Trace function
    966093   FMDERIVE: Result display as of Release EA-PS 6.00
    839488   Derivation of commitment item from G/L account
    I suggest you to read also the documentation available in the following menu:
    SPRO -> Public Sector Management -> Funds Management Government -> Prepare Funds Management Installation
    It is only a text document but with links and with all the necessary instructions to start FM in your company.
    I hope that this helps to resolve your issue.
    Best Regards,
    Vanessa Barth.

  • BAPI_0036_CREATE does not post budget to Funds Management

    Hi,
    We are using BAPI_0036_CREATE to create budget for a grant and posting to FM. It is creating a document in GM in  'unreleased' status, but not posting to Funds Management.
    We are passing FM data in the function module, but for some reason its not posting to FM. The Grant doc type is 'Unreleased' and is in Award phase.
    Does anyone know how to create budget document in released status and posting to FM.
    Thanks.

    Hi Rob,
    This budget is related to Grants. First we are creating budget for Grant, and then release it to FM, where the budget will be created in FM. The release part is not working.. hence it is not creating budget in FM.
    Thanks.

  • Diff between Budget and Fund management

    Hi,
    Is there any difference between the Budget in orders and Fundmanagement?
    Regards,
    Suresh

    Hi
    Few High level differences are as follows:-
    Maximo EAM 
    1.Specialized EAM sofware (IBM has taken over) not having   functionalities of FICO , MM & Other Back Office Funtionalities.However provides integration possibilities with other ERP suites.
    2. Has a specialized nuclear version 
    3. Very expensive & but has high functionalities also
    4. Quite popular in specific areas
    5. RCM fuctionalities in future being worked upon by IBM
    SAP EAM
    1. Proven ERP all across with intergration aspects
    2.Very popular in EAM
    3. Integration  with RCM, GIS possible
    Regards
    Jignesh

  • Funds Management - Budget ( FMBBC )

    Following error is coming while entering Budget in Funds Management
    The value type used is not supported with document type 0001
    Message no. FMKU073
    Diagnosis
    The value type is not correct if you want to use document type 0001, since the scenario assigned to this document type does not correspond to the value type you have entered.
    System Response
    The system stops the transaction.
    Procedure
    Please use another value type or choose a document type with a scenario corresponding to the current value type.
    Kindly let me know which configuration is pending and Path of it
    thanks
    santosh

    Hi Santosh,
    It seems to be that it is a wrong or missing customizing.
    For value types in FMBBC you have:
    B1 - Budget
    R1 - Released
    Please check the following customizing in your IMG:
    SPRO -> Public Sector Managment -> FMG -> BCS -> Basic Setting -> Definition Budget Data -> Budget Release -> Define Budget Types for Release.
    Also check the following:
    By default all budget types are defined as consumable, however customer might have define some groups of consumables budget types and by consequence non consumable.
    (check customizing budget data -> budget types -> define budget type group)
    => check that budget type (for eligible / non eligible) used are defined as consumable
    I hope it helps
    Best Regards,
    Vanessa Barth.

  • In Funds Management-Assigned budget is more than the release

    Hi Experts,
    We have Funds Management active and in few cases the assigned budget is more than the released budget for a funds center and commitment item. We observed that the material consumption (stores requests) entries get posted even when there is no released budget.
    Can you suggest ways to control the posing of material consumption entries when there is no released budget in Funds management.
    With Regards
    ACR.Ruben

    hi
    Try there is a USER _EXIT for Material consulmption for the Movement type 261 GI to Production .
    Extension SAPLFMFA, component EXIT_SAPLFMFA_001
    through this you can stop the Material consumption additions to fundcenter through the commit ment item.
    Thanks & Regards
    Mala K Reddy

  • FUNDS MANAGEMENT (FM PB Availability Control)

    BUDGET CONTROL, FUNDS MANAGEMENT (Budget Control Document 1700013859).  The Activity Group is PAYROLL.  Getting message that states the following:
    Budget Consumption 122,733.14 USD (FM PB Availability Control) less than annual budget for document item 00001.
    Can someone tell me what the threshold is?  (i.e. 90% expended) and can this warning message be modified from the standard SAP message to better inform departments as to what is occurring.  They have not run out of funds, but have reached a threshold that needs to be monitored.

    The following tolerance limits regarding payroll entries are currently configured in the system. Once the 90% level of the budget is exceeded, the system will generate one notice. After the 100% is reached, the system will repeat the notice every time an entry occurs.
    90%      Warning message – Internal mail (only once)
    100%    Warning message – Internal mail (repeatedly)

  • Implement Budget check at SC level against Fund Management(ECC)

    Hello,
    We would like to implement Budget check at SC level against Fund Management(ECC) .
    We are planning to use Extended classic scenario with SRM 7.0
    Could please confirm that it is feasible, I know that there were some problems integrating SC and Fund Management with previous SRM version in Extended Classic Scenario..
    Best regards,
    Lina

    Hi,
    I think it is standard function and no development is required.
    Regards,
    Masa

  • Budget check at SC level against Fund Management

    Hello,
    We would like to implement Budget check at SC level against Fund Management(ECC) .
    We are planning to use Extended classic scenario with SRM 7.0
    Could please confirm that it is feasible, I know that there were some problems integrating SC and Fund Management with previous SRM version.
    Best regards,
    Lina

    Hi,
    I think it is standard function and no development is required.
    Regards,
    Masa

  • Budget check at service entry sheet release in funds management

    Dear Forum,
    We implemented the funds management recently we have the requirement like below
    Generally in FM at the time of service Purchase order creation system will consume the budget and at the time of service entry sheet release the consumed budget in the purchase order level will adjust. Now the business requirement is that they don’t want to check the budget at service purchase order level but they want budget check at service entry sheet level.
    This is the case only for service PO’s.
    If anyone have same scenario please share your views.
    Regards,
    Ravi.

    Maybe you can try having the account assignment 'U' in the service PO which will then allow you only to enter the account assignment only in the service entry sheet for budget checking.

  • Funds Management and Budget Check on Settlement of Assets

    Dear All
    We are implementing Funds Management module with BCS as budgetary tool. We have a requirement like this. At the time of PR or PO for AUC, budget need to be checked, whereas at the time of settlement of this AUC to a fixed Asset there should not be any budget check
    Kindly let me know whether, this scenario can be mapped in SAP using Funds Management Module
    Regards
    Vivek MG

    Hi,
    You can build a derivation rule in FMDERIVE basing it on business transaction field. In case of assets settlement, you can derive a dummy commitment item.
    Regards,
    Eli

  • Budget Update In Funds Management

    Hi,
    I have configure FM and posted budget through FMBB. after releasing the budget i am still unable to see it as consumable budget in Budget consumption report it shows m all the budget amount in available budget column. further when i post an invoice in FI through FB60 fund management document alse get posted but again i am unable to see it in budget consumption report. please help me out here...
    Regards,

    Its been resolved..
    For budget not being available for consumption after being posted through FMBB th issue was in my AVC profile. and for the second part where budget was not consumed after invoice being posted through FB60 the issue was in my fiscal yeas variant year shift. the posting was taking plane in the wrong fiscal yeas hence consuming budget for that particular fiscal year and not of the year i intended to post to. Thank you so much fpr approving my query
    Regards,

Maybe you are looking for