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Fund Center and Commitment Item

former_member220863
Active Contributor
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Hi All ,

What is the Fund Center and Commitment Item also the use of it.

regards

sunil

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

The fund center is the budget which is issued by the managemnet for the specific area (cost center) . The same will be released in each periodical wise as per decision taken.

Example Maintenance team has one fund center. So all the times for his expenses the fund will be deducted from provision. Basically it is linking with cost center.

The commitmenet item comes under the fund center. It menas that you may have repair& services, Labour charges, spares etc. each commitment item has own budget value under your fund center. exaplme if you are taking the spares your spares budget will deduct.

I think u got something, but for explation here is not possible since its big subject.

former_member220863
Active Contributor
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Thanks.

Answers (1)

Answers (1)

peter_atkin
Active Contributor
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[Commitments Management|http://help.sap.com/erp2005_ehp_03/helpdata/EN/a9/ab7827414111d182b10000e829fbfe/frameset.htm]

[Funds Management|http://help.sap.com/erp2005_ehp_03/helpdata/EN/f0/ca33a5260211d28a430000e829fbbd/frameset.htm]