on 11-27-2008 11:51 AM
Hi
I have doubt on commitment item Iu2019m not able to understand
Pl let me know
What is commitment item???
What is the roll in PS???
Pl let me know Experts
Commitment means
Identifies costs that will be incurred in the future for materials and services that you have requested or ordered. Commitments reserve funds that will become costs at a future date.
fo ex. specific goods are ordered for an internal order, a cost center, or a project. A purchase order commitment is created that is equivalent to the purchase order value.
Hi Please go though this link.
http://help.sap.com/saphelp_470/helpdata/en/86/98853478616434e10000009b38f83b/frameset.htm
Regards
Nitin
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Hi,
The item category and financial transaction are attributes of the commitment item. The item category is used to classify commitment items into revenue, expenditure, and balance items. The balance items correspond here to the "bank accounts". The financial transaction indicates the type of business transaction involved (such as revenue/expenditure postings or cash holdings posting).
Only commitment items with financial transaction "30" are copied to Project Cash Management.
Steps in setting up Project Cash Management:
1.Create FM area
2.Assign company code to FM area
3.Create commitment items and assign commitment items to the G/L accounts:
Automatic: the commitment items in a specified G/L account area are derived from G/L accounts (with the same number) and assigned to the G/L accounts in a 1:1 ratio. This option can only be used with company code/FM area assignments in a 1:1 ratio. This 1:1 assignment is often not possible in Funds Management.
Manual: you enter the appropriate commitment item in the G/L account.
4.Activate Project Cash Management
5.Reconstruct data from MM and FI (first MM, then FI)
Regards
Tushar
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used in Project Cash Management
http://help.sap.com/saphelp_erp60_sp/helpdata/en/c9/9c853478616434e10000009b38f83b/frameset.htm
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