Internal Order Budgeting and FM

[Former Member]

Hi FM Experts,

Can we use Internal Order budgeting and Funds Management at the same time.  I want to use Internal order with Funds Management because of my client want to have control over the internal order.  If we use both at the same time, during posting of transactions can i give cost center and IO at the same time so that the cost center will get posted as statistical entry and Internal Order will get posted as real entry, and funds can be derived by using cost center.  By this way i can have control on IO and funds center.

Can anybody suggest me, can we use both the functionality at the same time?

Regards,

FM USER.

[iklovski]

Hi,

These two modules are independent and could be used simultaneously without disruptions.

Regards,

Eli

[Former Member]

Hi Eli,

Thank you very much...I appreciate your quick response.

Do we have any option available in FM where we can use Internal order and do the Budgeting for internal order and commitment item(both comboinly). 

Regards,

FM USER.

[iklovski]

No. Budgeting in FM is done only on FM objects. You can map your internal orders to FM objects (fund centre, for example) using FMDERIVE, but then there is no sense in implementing IO budget as well.

[former_member219215]

Hi Eli,

We are implementing FM in our client.

When we implement FM, I am doing a test scenario of Interal Order Budgeting.

IN Me21N, system is checking budget of FM account assignment but not the Internal Order.

pls. provide a solution.

Regards,

SNM

[Former Member]

hi,

yes you have to define the Internal order as find center and map internal order with Fund center in FMDERIVE

[iklovski]

Please, search SCN with keywords 'budget order check': you will find dozens of threads describing the possible missing configuration.

[arlo_magpantay]

Hi FM USER,

Another consideration is to use the Funded Program object to budget in FM.  You can design your system so that Funded Program and IO have a 1:1 relationship. 

Arlo