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Year end closing in Funds management

Former Member
0 Kudos

Hi All,

The transaction FMF0(zero) is run at the time of closing activities to convert the Invoice related payment to payment in Funds Management. This has been integrated with the FI. Accordingly when the carryover activity is undertaken the invoice amount which are not converted to payment are carried over to the next year. The budget equal to the invoice amount is also carried over to the next year.

Usually when PO is created it is shown against the Open item. When MIRO is done it is shown against Invoice column. And when the transaction FMF0 is run the amount if paid against the MIRO is shown against the Payment column. But there are certain amount which are booked through Transaction FB50,FB60,F-02 are also shown against the Invoice column. But when the FMF0 transaction is run the said amount is not converted to payment.

Even when FMJ2(Year end closing- carryforward of open items) is being run without FMF0 system is showing an error message "Payment budget is being exceeded for the year 2009"

Please suggest..

Regards

Arvind

2 REPLIES 2

Former Member
0 Kudos

ok

Former Member
0 Kudos

ok