Funds Management_Configuration Document New v1

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SAP Funds Management

Configuration

SAP R/3 ENTERPRISE ECC6

Published by Team of SAP Consultants at

SAPTOPJOBS

Visit us at www.sap-topjobs.com

Copyright 2009-11@SAPTOPJOBS

All rights reserved. No part of this publication may be reproduced,stored in a retrieval system, or transmitted in any form, or by anymeans electronic or mechanical including photocopying, recording orany information storage and retrieval system without permission inwriting from SAPTOPJOBS.



INDEX

1 INTRODUCTION ..........................................................................................................4

2 MAINTAIN FINANCIAL MANAGEMENT AREA: -...................................................6

3 ASSIGN FINANCIAL MANAGEMENT AREA: -........................................................7

3.1 Assign company code to financial management area ..................................................................... 7

3.2 Integration of other components ............................................................................................................. 8

4 FUNDS MANAGEMENT GOVERNMENT ..................................................................9

4.1 Activate Global Funds Management Functions.................................................................................. 9

4.2 Define global parameters............................................................................................................................ 10

4.3 Assign Fiscal Year Variant to FM Area ................................................................................................. 13

5 MASTER DATA ..........................................................................................................14

5.1 Fund center...................................................................................................................................................... 14

5.2 Create/Change Hierarchy Variant.......................................................................................................... 15

5.3 Assign Hierarchy Variant to FM Area ................................................................................................... 17

5.4 Fund Type ......................................................................................................................................................... 20

6 ALLOCATIONS TO ACCOUNT ASSIGNMENTS ....................................................21

6.1 Select Derivation Steps .............................................................................................................................. 22

6.2 Define Account Assignment Derivation............................................................................................... 23

7 BUDGETING AND AVAILABILITY CONTROL (FORMER BUDGETING)..........27

7.1 Set Up Budget Profiles................................................................................................................................. 28

7.2 Assign Budget Profile to FM Area........................................................................................................... 31

7.3 Budgeting (former budgeting) ................................................................................................................. 32

7.4 Number Ranges............................................................................................................................................... 33



8 AVAILABILITY CONTROL SETTINGS...................................................................34

8.1 Define Tolerances for Availability Control ......................................................................................... 34

8.2 Define Specific Tolerances for Availability Control ....................................................................... 36

9 FUNDS MANAGEMENT-SPECIFIC POSTINGS.....................................................37

9.1 Define Field Status Variant....................................................................................................................... 37

9.2 Assign Field Status Variant to Company Code................................................................................. 39

9.3 Define Field Selection String ................................................................................................................... 40

9.4 Define Document Number Ranges.......................................................................................................... 42

9.5 Define Document Types.............................................................................................................................. 44

10 ACTUAL AND COMMITMENT UPDATE/INTEGRATION ................................46

10.1 General Settings – Assign update profile to FM Area ................................................................ 47

10.2 Override Update Profile .......................................................................................................................... 49

10.3 Make Other Settings ................................................................................................................................ 50

11 DEFINE NUMBER RANGES FOR ACTUAL TRANSACTIONS .........................52

11.1 Assign Number Range to FM Area...................................................................................................... 53

11.2 Activate/Deactivate Funds Management ....................................................................................... 54

11.3 Closing Operations / Enter Default Settings ................................................................................ 56

11.4 Commitment Closing Operations....................................................................................................... 57

11.5 Create Number Range for Fiscal Year Change Document ....................................................... 58

11.6 Enter Settings for Commitments Carry forward Payment Budget...................................... 59



1 Introduction

Purpose

Funds Management in SAP helps you to create and execute

budgets at various levels in your organization. It also helps you

make modifications to the budget very easily by entering releases,

supplements, returns, and transfers.

Implementation Considerations

The component Funds Management cannot be used simultaneously

with application components Cash Budget Management and or

Pro j ec t Cash Managemen t if you use year-dependent master data in

Funds Management.

If you want to use Funds Managemen t simultaneously with Cash

Budge t Managemen t and Pro j ec t Cash Managemen t , note that Cash

Budge t Managemen t and Pro j ec t Cash Management can only

process ten-digit commitment items. Don’ t worry if all this seems a little bit confusing for you. We will clear that as we go ahead.

Integration

Funds Management is fully integrated with other components in

the R/3 System. The components that are integrated depend on the

specific requirements of your organization. A basic requirement for

use of Funds Management is integration with the Genera l Ledge r

Accoun t ing (FI-GL) component. Integrating the components Ma t e ri a l s Managemen t and Funds

Management means that you can, for example, reproduce and

monitor procurement transactions from the purchase requisition to

the invoice.

Features

Funds Management enables you to keep:



• A thorough check of the revenues and expenditures and thus

the funds-relevant business transactions of an organization.

• A thorough budgetary control, for all areas from Sources of

Funds till its application / Utilization in the Business

• A control of the financial equilibrium of your business, by

comparing commitment and actual values with the current

budget values.

Now let us look at Customizing Setting required for implementing

Fund Management in SAP R/3 System.

Integration of other components

All other organizational units, such as the plant and the

purchasing organization in Materials Management or the personnel

area in Human Resources, are linked to Funds Management via the

company code. Let us now go through the configuration steps of Funds

Management



2 Maintain Financial Management Area: -

In this step, you create your financial management (FM) areas. The

financial management area is an organizational unit within accounting

which structures the business organization from the perspective of

Cash Budget Management and Funds Management.

SAP IMG - > Enterprise Structure -> Definition - > Financial Accounting - > Maintain financial management area

Transaction Code: SPRO



3 Assign Financial Management Area: -

In order to be able to use Funds Management (FM) integrated with

other components, you must link the Organizational Unit of Funds

Management, the FM area, with the organizational units of other

components.

3.1 Assign company code to financial management area

In this IMG activity, you assign each company code which is relevant to Cash Budget Management or Funds Management to a FM area.

SAP IMG - > Enterprise Structure -> Assignment - > Financial Accounting - > Assign Company Code to financial management area

Transaction Code: SPRO



3.2 Integration of other components

All other organizational units, such as the plant and the purchasingorganization in Materials Management or the personnel area in

Human Resources, are linked to Funds Management via the company

code.



4 Funds Management Government

4.1 Activate Global Funds Management Functions

Public Sector Management-> Funds Management Government-> Basic Settings-> Activate Global Funds Management Functions (PSM-FM)

Transaction: SPRO

In this step we activate/deactivate specific functions in the R/3 system

for the component Funds Management (PSM-FM)



4.2 Define global parameters

Public Sector Management Fund Management Government basic Setting Define Global Parameter

In this step, we check whether we have maintained the required

parameters and assignments for each of FM areas:

•

Fiscal year variant

• Ranking for generic search

• Budget profile

• Status profile

• Number ranges for actual transactions

• In addition, we can define a budget profile for funds.



Select the relevant FM Area (1100 in our case) and click on it.



4.3 Assign Fiscal Year Variant to FM Area

Public Sector Management-> Funds Management Government-> Basic Settings-> Fiscal Year Variant-> Assign Fiscal Year Variant to FM Area

Transaction: OF32

In this step, we assign fiscal year variants to us FM areas.

FM Area Fiscal Year Variant

1100 K4



5 Master Data

5.1 Fund center

Public Sector Management Fund Management Government Master Data Fund Center

In the following sections, we have the following functions available

for the maintenance of funds centers:

• Creating of hierarchy variants for the definition of funds center

hierarchies

• Assignment of a hierarchy variant valid for a FM area/fiscal year



5.2 Create/Change Hierarchy Variant

Public Sector Management Fund Management Government Master Data Fund Center Hierarchy Variant Create/Change Hierarchy Variant

Transaction: FMSF

We create new hierarchy variants in this section, which are then

used to define a funds center hierarchy in master data

maintenance.



We have created “1100” as standard hierarchy variant



5.3 Assign Hierarchy Variant to FM Area

Public Sector Management Fund Management Government Master Data Fund Center Hierarchy Variant Assign Hierarchy Variant

Transaction: FMSG

In this section, you determine which hierarchy variants are to be

assigned to the FM area and fiscal year as the current valid funds

center hierarchy.

If you are working in your FM area year-dependently , you must

enter the respective fiscal year. If you would like to work year-

independently, you must make "0000" as the entry for the fiscal

year.

Standard assignment of “1100” to FM areas created and have

assigned to ‘0000’ Fiscal Year.



Press Enter and system gives warning message as under:

Confirm your entr y by pressing “Enter” Key, and save the settings



5.4 Fund Type

Public Sector Management Fund Management Government Master Data Fund Create Fund Types

In the following sections, we have the following functions

available for the maintenance of funds.

The classification and grouping of funds is possible by defining

fund types in the funds master records.

We have defined following fund type for 1100:

Fm area Fund Type Fund Type Text

1100 Exter External Fund

1100 Inter Internal Fund



6 Allocations to Account Assignments

Public Sector Management Fund Management Government Master Data Allocations to Account Assignments from Other Components

In the following steps, we define derivation strategy. This strategy

is used to derive the values for Funds Management account

assignments (FM account assignments) from other account

assignments.



6.1 Select Derivation Steps

Public Sector Management-> Funds Management Government-> Master Data-> Allocations to AccountAssignments from Other Components-> Select Derivation Steps

Transaction: FMRULES

In this step, we define account assignment derivation as a

derivation strategy. We do this by choosing the derivation stepsrelevant for organization from those in the derivation strategy

defined by SAP.

We use account assignment derivation to automatically

determine Funds Management account assignments values from

other account assignments as long as a logical dependency exists

between them.

Steps we have selected out of standard setting given :

Function from Account

Commitment Item from Account

Sales Distribution Assignment ( Table FMZUOB)

Objects Assigned to Asset Master Data

Funds from fund center Master



6.2 Define Account Assignment Derivation

Public Sector Management Fund Management Government Master Data Allocations to AccountAssignments from Other Components Define AccountAssignment Derivation

Transaction: SPRO

In this step, we have defined account assignment derivation. We can use account assignment derivation to automatically

determine the values of FM account assignments from other

account assignments, as long as there is a logical dependency

between them.

The account assignment derivation consists of a sequence of

derivation steps - known as the derivation strategy. It is used to

sequentially derive the values for FM account assignments from

other account assignments.

Each derivation step describes how a number of target fields

adopt the values from a number of target fields.

There are a number of diff erent Derivation Step Types that can be

used to represent different kinds of logical dependency between

source and target fields:

• Derivation Rule

• Table Access

• Assignment

• Initialization

• Enhancement

•

Function Call



Create Step

1. Choose Crea t e S t ep .

If we want to add a new step to the derivation strategy, select thestep before which we want to insert the new step and choose

Crea t e S t ep .

2. Choose the derivation step type that we want from those

offered to you.

3. Enter a text and source and target field for the derivation step.

For the source and target fields, we can determine Field

characteristics.

a) Source Field we can determine that initial values are

permitted. This means that a derivation is carried out if the

source field is not filled.

b) Target Field

Following parameters can be determined for the target field: -

• Tue new value is not copied if a value from a previous

derivation step already exists

• The new value is copied even if the new value is blank

(Space).

• Tue new value is copies when the new value is filled.

Note: - If we use this setting we can determine, forexample, that the derived value cannot be overwritten

manually.

c) Source Fields and Target Fields

In addition to the derivation step t ype "Derivation Rule", we

can determine that either the entire field contents, or only a

part of the field contents is included.



4. If the derivation step should only be perf ormed according to

specific conditions, for example, only for specific account

assignment values, enter this on the Cond itio n tab page. Thederivation step is only executed when all conditions for the fields

are fulfilled.

5. Define Step Characteristics on the Cha r a ct e ri s tic s tab page, for

example, if an error message should be issued, if no target value

can be determined.

a) An error message should be issued if the derivation step is not successfully derived. Otherwise the strategy will not

be continued.

b) The execution of the strategy should be terminated if a

suitable value is found in the derivation step. Otherwise the

strategy is completed.

Note: If we are using derivation step type "Derivation Rule", we can

make the following additional entries:

• We can use the Ma i ntain Rule En tri es function to specify which

values should be entered in the target fields from which account

assignment values in the source fields. We can make these

assignments in master data maintenance in Funds Management

under Assignmen t s -> Edit Account Assignmen t Deri va ti on .

• We can make additional specifications on the Cha r a ct e ri s tic s tab

page; for example, we can allow the entry of a validity date for a

step and therefore make it time-dependent.



We have maintained following derivation rules for meeting 1100 specific requirement:

• Cost Element to Commitment Item

• Fund From Commitment Item • Fund Center-Commitment Item & Cost Center

• Fund Center From Internal Order

• Fund Center From Cost Center



7 Budgeting and Availabilit y Control (Former Budgeting)

Public Sector Management Fund Management Government Budgeting and Availability Control (Former Budgeting)

In the following steps we make the system settings for budget

allocation and budgetary control.

For this we require to maintain following:

• Budget profiles and budget versions

• Number ranges for the budget documents

• Tolerance limits for the availability control



7.1 Set Up Budget Profiles

Public Sector Management Fund Management Government Budgeting and Availability Control (Former Budgeting) Budget Profiles -> Set Budget Profile

Transaction: OF12

In this step, we:

• Create new budget profiles

• Define the parameters for new budget profiles

• Change existing budget profiles.

To be able to budget in an FM area, we must first create at least one

budget profile and assign it to the FM area, or we can opt to use an

existing one.

We can create budget profiles for budgeting annual values and/oroverall values. We can only budget overall values if we are using a

fund. We define we fund as part of master data maintenance.

If we create a budget profile for annual values, we can also specify

that the annual budget is distributed to one period or, based on a

particular distribution key, to several periods in all budgeting

transactions (such as budget entry, releases).

Periodic display of the annual budget is only for statistical purposes.Active availability control always checks against the annual budget.

A periodic breakdown of overall values is not possible.

The following control parameters are relevant for budgeting:

• Budget profile



o We must define the budget prof ile in the FM area to which it

is to apply

•

Time horizon o Period into the past, from the start year, for which

budgeting is possible

o Period into the future, from the start year, for which

budgeting is possible

• Budgeting start year

o If we specify a start year, we can postpone the current

year.

o Budgeting of overall and/or annual values

• Period values

o

This control parameter only takes effect if we work withannual values.

• Distribution key

o The distribution key specification is only effective with the

“Annual values” and “Period values” flags.

o

The selected distribution key then appears as the defaultvalue in all budgeting transactions and can e overwritten if

required.

o The distribution keys delivered in the standard system

cannot be changed. We can however create our own

distribution keys.

• Format



o Standard view display as well as the budget value when we

access the function (such as distributed value, assigned

value, cumulative value)

o Default values for decimal places and scaling factor

• Availability control

o Against annual

o Against annual

In 1100 we have maintained following Annual budget prof iles:

000001 : General budget/plan profile



7.2 Assign Budget Profile to FM Area

Public Sector Management Fund Management Government Budgeting and Availability Control (Former Budgeting) Budget Profile Assign Budget Profile to FM Area

We define budget profile(s) for 1100 FM area in this step. The

assignment made here is becomes a default profile for Fund Mgt

Area however it can be override while maintaining Fund Master.



7.3 Budgeting (former budgeting)

Public Sector Management-> Funds Management Government-> Budgeting and Availability Control (FormerBudgeting)-> Budgeting (Former Budgeting)-> Enter Budgeting Settings

Transaction: OFGD

In the following steps, we make the essential settings for

budgeting



7.4 Number Ranges

Public Sector Management-> Funds Management Government-> Budgeting and Availability Control (FormerBudgeting)-> Budgeting (Former Budgeting)-> Number Ranges-> Expand Number Ranges for Budgeting

Transaction: OK11

In the following work steps we define the number ranges for the hierarchy documents and the entry documents for each FM area.



8 Availability Control settings

Public Sector Management Fund Management Government Budgeting and Availability Control (Former Budgeting) Availability Control settings

Following are the various steps for Availability Control Settings

8.1 Define Tolerances f or Availability Control


Availability Control settings Define Tolerances f or Availability Control

Transaction: OF20

Availability control can promptly identify an excessive funds

assignment in a Budget Structure and trigger various actions.

We configure availability control separately for each FM

area/budget profile/activit y group combination.

For each action and combination we can define an absolute

and/or relative tolerance limit for the Payment Budget .If an

absolute or relative tolerance limit is reached or exceeded, the

R/3 System triggers the action we specified (warning, warningwith Mail to funds center manager, error message).

We need to maintain the following parameters in availability

control:

• FM area

• Budget profile

• Action (warning or error)



• % Usage at which warning or error for a FM Area and

Budget Profile should get activated.

Budget Profile Transaction Action1Usage in Active

% (Y/N)

FM0002

All

types

of

transactions

1

95

Y

FM0002

All

types

of

transactions

2

100

Y

FM0002 Purchase Requisition 1 95 Y

FM0002 Purchase Requisition 3 100 Y

FM0002 Purchase Order 2 95 Y

FM0002 Purchase Order 3 100 Y

FM0002

Direct

Posting

2

95

Y

FM0002

Direct

Posting

2

100

Y

FM0002 All types of transactions 1 100 Y

000003 All types of transactions 1 100 N



8.2 Define Specific Tolerances f or Availability Control


Availability Control settings Define Specific Tolerances f orAvailability Control

Transaction: OF23

In this step, we have defined specific availability control

tolerances for an FM area and particular Budget structureelements. This allows to override the tolerances set in the step

"Define tolerances for availability control" for particular budget

structure elements.

To do this, enter a budget structure element, a budget profile and

a year, from which the tolerance limits should apply, for an FM

area.

In Lta Perspective we have defined the Exception rules for FMAccount assignment for Fund 11 and Assignment of Budget

Profile 000003 for all Fm assignment related to Fund 12, 13, 14

and MSI Fund.



9 Funds Management-Specific Postings

Public Sector Management Fund Management Government

Fund Management Specific Posting

In the following steps we enter the settings which are a

prerequisite for processing business transactions in Funds

Management.

9.1 Define Field Status Variant

Public Sector Management Fund Management Government Fund Management Specific Posting Earmarked Fundsand Funds Transfers Field Control for Earmarked Fundsand Funds Transfers Define Field Status Variant

Transaction: FMU3 We can create as well as delete field status variants in this step.

After creation we must then assign a field status variant to each

FM area. We enter a field status variant to as many FM areas as

we want.

By assigning a field status variant and field status group to a

field selection string, we can control document entry for thevarious business transactions very differently in us FM areas.

The field selection string determines which fields are optional,

required or hidden when entering documents.

In this Configuration we have adopted a standard field status

variant given by the SAP: FMRE



9.2 Assign Field Status Variant to Company Code

Public Sector Management Fund Management Government Fund Management Specific Posting Earmarked Fundsand Funds Transfers Field Control for Earmarked Fundsand Funds Transfers Assign Field Status Variant

Transaction: SPRO

In this work step we assign a field status variant to company

codes. We assign as field status variant to as much companycodes, as we want

We have assigned Standard SAP field status “FMRE” variant to

1100 Company Code.



9.3 Define Field Selection String

Public Sector Management Fund Management Government Fund Management Specific Posting Earmarked Funds and Funds

Transfers Field Control f or Earmarked Funds and Funds Transfers

Define Field Selection String

In this step, we can define the field selection strings - that is, we can

specify which fields are ready for entry, required or hidden during

Earmarked funds and transfers. In another step, we must assign a field status variant and field status group to the field selection string.

Activities

1. Determine which fields on the document entry screen are

• ready for input

• required

• to be hidden

• displayed only

In Lta we Have Modified “MITTELVORMC” - Funds Reservations for

Making ,following Fields to be Mandatory while Entering the Fund

Reservation Document Number .

• Item amount

•

Funds Center • Commitment Item

• Fund

• Item Text



9.4 Define Document Number Ranges

Public Sector Management Fund Management Government Fund Management Specific Posting Earmarked Funds and Funds Transfers Define Document Number Ranges

In this work step we create number ranges for the documents.

For every Number range we state amongst other things the

following:

• a number interval, from which document numbers are

chosen

The type of Number assignment (internal or external) We assign

every number range in a further work step to one or several

document categories.

The number range takes effect via the document type when

entering and posting a document.

In Standard Setting 02 has been defined as the Number Range

for the Fund Reservation.



9.5 Define Document Types

Public Sector Management Fund Management Government Fund Management Specific Posting Earmarked Funds and Funds Transfers Define Document Types

In this step, we create the document types for the documents in

Funds Management.

Document types are used to classify the documents. We can

define characteristics for each document type, which control how

the document is entered, or they may be recorded in the

document itself. For each document type, we must specify:

• A number range interval

• A field status group

The fi eld sta t us group, together with the field status variant,

determines, by way of its assignment to a field selection string,which fields are optional, required or hidden when we post

documents in we FM area.

We can also control:

• Which field contents are copied from the reference

document

• Which style sheet the system should use when printing a

document type • Which tolerance limits are checked when earmarked funds

are reduced

• Whether the document is to be included in Workflow

• Whether the G/L account should automatically be derivedfrom the FM account assignment

The G/L account can only be derived automatically when we

are using requests.



Here we have adopted a standard document type setting given by

SAP and we are using Fund Reservation, Document Type 11 for1100.



10 Actual and Commitment Update/Integration


Actual and Commitment Update/Integration

In the following sections we find out:

• Which system settings are required for updating

commitment and actual data

• How we set the Funds Management integration to other SAP

components according to 1100 requirements.



10.1 General Settings – Assign update profile to FM Area

Public Sector Management Fund Management Government Actual and Commitment Update/Integration General Settings Assign Update Profile to FM Area

Transaction: OF37

In the following steps we make settings so that actual and

commitment data from the Funds Management feeder systems

are recorded.

The essential control parameters, for updating in Funds

Management, are summarized in update profiles pre-defined by

SAP.

Here we select the update profile relevant to LTA specific and

assign it to FM area. We can override settings supplied in the

standard per update profile

In this step we define update profile per FM area.

We make the following specifications in the existing update

profiles:

With which budget categories we want to work

Payment budget

Payment budget and commitment budget

Which document date (such as purchase order, invoice,

payment) is to be used when assigning commitment/actual

data to a period in Funds Management, that is in which

period the actual data is displayed in the information

system for the payment budget and/or the commitment

budget Update period from posting date/document date.

Update period from due date

Whether the commitments and budget are allowed to be

carried forward at the fiscal year change and for whichvalue types.



FM Area Update profile Description

1100 000102 Payment Budget ,

invoice Basis &

Postin Date



10.2 Override Update Profile

Public Sector Management Fund Management Government Actual and Commitment Update/Integration General Setting Assign Update Profile to FM Area

In this step, we can override the valid settings of an update

profile in the standard.

Here we have made settings for activating Periodic-Based

Encumbrance Tracking f or update profile 000102.



10.3 Make Other Settings

Public Sector Management Fund Management Government Actual and Commitment Update/Integration General Setting Make Other Settings

Transaction: OFUP

When we post business transactions in the Materials

Management and Financial Accounting components, the system

passes on the data to Funds Management (FM). The actual data

is updated there and displayed in the information system.

In this step, we can define:

How postings and transactions which affect the warehouse

are updated in FM

We make these settings in accordance with the Warehouse

concept we have chosen for Unassigned purchase

orders/requisitions and Goods issues. When the goods receipt should be included in Funds

Management

The process by which tax should be displayed

Whether the derivation of FM Account assignments only

occurs for real Controlling Objects or for statistical

Controlling objects. Whether it is possible to enter the FM account assignment

at component and activity level for the integration of

maintenance orders Which documents should be used for determining the Carry

forward level

In this we have made following Configuration:

For Unassigned Purchase Order: manual Account Assignment

Good Issue : Cash Balance It Stat

GR/IR Update: Gr and Invoice Update



11 Define Number Ranges for Actual Transactions

Public Sector Management Fund Management Government Actual and Commitment Update/IntegrationBasic Setting Fm Lines Define Number Ranges for Actual

Transactions

Transaction: OF19

In this step, we define number ranges in each FM area for the

actual data documents in Funds Management.

For each number range, we specif y the following:

Number range key We must store the number range key in the FM area, to which it

is to apply. We do this in the step "Assign number range to FM

area" below.

Number range from which the document numbers are to be

selected

The type of number assignment (internal or external) The numbers are always assigned internally for Funds

Management.



11.1 Assign Number Range to FM Area

Public Sector Management Fund Management Government Actual and Commitment Update/IntegrationBasic Setting Fm Lines Assign Number Range to FMArea

Transaction: OF33

In this step, we store, for each FM area, a number range interval

for actual data documents.



11.2 Activate/Deactivate Funds Management

Public Sector Management Fund Management Government Actual and Commitment Update/Integration Activate/Deactivate Funds Management

Transaction: SPRO

In this step, we activate Funds Management (FM) account

assignment derivation and the update of documents from the

components pressured for FM to FM for particular companycodes.

If we have combined a number of company codes under an FM

area, we have the option of only activating particular company

codes or leaving other company codes deactivated.

If we only activate account assignment derivation, the documents

are given an FM account assignment in accordance with the

assignment in account assignment derivation during posting in

the components prestored for FM.

If we also activate the update, the documents are also updated in

FM.

We can implement Funds Management in two steps if we only

activate account assignment derivation. In the first step we only

activate account assignment derivation.

If we want to activate the update of documents at a later time, we

can activate the update in a second step and reconstruct the

documents.

We can deactivate the update again in FM if necessary. No checks

are carried out on postings in the components prestored for FM

after the update has been deactivated.



The prerequisite is that the corresponding assignments from

company codes to FM areas are not removed. If we want to stop

the update and account assignment derivation, we have to

deactivate account assignment derivation as well.

If we do not want to use FM anymore, we can delete all master

data and transaction data as soon as we have deactivated

account assignment derivation and update.

We have Activated Fund Management area for 1100 Company

Code.



11.3 Closing Operations / Enter Default Settings


Closing Operations Enter Default Settings

In this step, we define, for an FM area,

which closing operations may be carried out at the fiscal

year change

Carrying forward commitments Carrying forward budget for commitments

Carrying forward residual budgets

In Lta perspective we allowed the Carrying forward for

commitments.



11.4 Commitment Closing Operations


Closing Operations Commitment Closing Operations

We can carry forward commitments which were posted in the

current year but which will not be reduced until the following

year, to the new fiscal year.

In the following steps, we can enter system settings which also

meet the different requirements for carrying forward particularvalue types (such as purchase orders, invoices)



11.5 Create Number Range f or Fiscal Year Change Document

Public Sector Management Fund Management Government Closing Operations Commitment Closing Operations Create Number Range f or Fiscal Year Change Document

Transaction: OFY6

In this step, we create a number range interval for fiscal year

change documents for each FM area.

Fiscal year change documents are created f or Funds Management

documents that are carried forward to a new fiscal year.

We have Define ‘01’ as a Number Range Interval.



11.6 Enter Settings for Commitments Carry forward Payment Budget

Public Sector Management Fund Management Government Closing Operations Commitment Closing Operations

Enter Settings for Commitments Carry forward Payment Budget

In this step, we specify per FM area, fiscal year and value type

(for Purchase order, purchase Req & Fund Reservation), whether

carrying forward commitments for the payment budget to the new

fiscal year is basically allowed or not.

We have made settings for allowing Carry forward in Purchase

order; purchase Req & Fund Reservation during Fiscal year

change.

We have now finished settings for Fund Management



SAP Funds Management

Configuration

SAP R/3 ENTERPRISE ECC6

Published by Team of SAP Consultants at

SAPTOPJOBS

Visit us at www.sap-topjobs.com

Copyright 2009-11@SAPTOPJOBS

All rights reserved. No part of this publication may be reproduced,stored in a retrieval system, or transmitted in any form, or by anymeans electronic or mechanical including photocopying, recording orany information storage and retrieval system without permission inwriting from SAPTOPJOBS.

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