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Cost element and cost center budget

former_member309133
Active Contributor
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Hi Experts,

Our client wants to maintain budget according to cost element and cost center and then releasing it at a later date. If budget is exceeded they want approval from manager.

Please provide your opinion as to how can I achieve this. I have checked in cost center budget. But here we can not maintain budget accrding to cost element. Client uses ECC5.

Thanks in advance.

Sangram

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Answers (3)

Answers (3)

Former Member
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Dear Ravi

I need internal order wise budgeting vs actuals. I am using ECC 5 version . Can you explain me how to feed monthly budget for internal order with cost element. So that we can get actuals vs budget in Tcode KKBC_ORD_INT Can you explain me the procedure in detail. I couldn't collect following information in-line.

regards

Nitin

"

Hello,

There is no provision of distributing the budget values on internal order KO22 on a monthly basis. It is only annual values or overall values. Therefore no functionality to distribute the budgeted values by monthly basis.

KP06 - Cost and Activity Inputs - Cost Center Planning - Monthly distribution is possible

KP26 - Activity output / prices - Cost Center Planning - Monthly distribution is possible

KP46 - Statistical Key Figures - Cost Center Planning - Monthly distribution is possible

KPZ2 - Cost Center Budget - Only Annual Budget - NO monthly distribution is possible

KO12 - Internal Order budgeting - Only monthwise distribution is possible if you maintain relevant element groups in detailed planning and unit costing area. - See OKOS

KO22 - Only annual values budgeting is possible - NO monthly distribution is possible.

Please let me know if you need further help.

Regards,

Ravi

"

Former Member
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Hi

I suspect to a limited extent you can achieve this by using Internal order (KO01, KO22,) and through field status group make IO mandatory for certain GL accounts

Thank You,

former_member309133
Active Contributor
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Hi,

Thanks for your reply. Could you please elaborate a little bit as to how this can work.

Sangram

Former Member
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Hi,

Internal order is an additional cost object to capture costs along with cost center (it is optional)

For e.g. As explained above, if you want to capture costs at a lower level than departments (cost centre) then u can create internal orders. Normally all employees are created as internal orders, so for employee related expenses like Travel u can capture the cost centre (Marketing dept) and the internal order (employee no).

To create internal orders, first u shld define IO types in the system and assign number ranges to them. IO types could be IO Marketing spends etc....

You can also use IO for limited Budget control thru KO22/23. Here u can assign budgets to a IO and when the actual expense exceeds this limit system will generate error/warning messages.

This is already given in SDN.

Regards

Sudharsan.R

former_member309133
Active Contributor
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Thanks for your reply. But is it possible to maintain the budget against cost element in Internal Order. If so please elaborate.

Former Member
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Hi

Guess - you can make use of validation (OB28) to link between cost elements and set of internal orders.

Thank You,

former_member182098
Active Contributor
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Hello,

There is no provision of distributing the budget values on internal order KO22 on a monthly basis. It is only annual values or overall values. Therefore no functionality to distribute the budgeted values by monthly basis.

KP06 - Cost and Activity Inputs - Cost Center Planning - Monthly distribution is possible

KP26 - Activity output / prices - Cost Center Planning - Monthly distribution is possible

KP46 - Statistical Key Figures - Cost Center Planning - Monthly distribution is possible

KPZ2 - Cost Center Budget - Only Annual Budget - NO monthly distribution is possible

KO12 - Internal Order budgeting - Only monthwise distribution is possible if you maintain relevant element groups in detailed planning and unit costing area. - See OKOS

KO22 - Only annual values budgeting is possible - NO monthly distribution is possible.

Please let me know if you need further help.

Regards,

Ravi

Former Member
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hi

check is there Easy Cost Planning is possible.

former_member309133
Active Contributor
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Easy cost planning will not be relevant for this. kindly suggest if there is any other solution.