SAP for Public Sector Discussions
Foster conversations about citizen engagement, resource optimization, and service delivery improvements in the public sector using SAP.
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 

Budget posting in foreing currency

atif_farooq
Active Contributor

‎07-17-2012 5:43 AM

0 Kudos

Hi:

I do not see the option of posting budget in foreign currency..I want to post budget in USD and system does not show any option for selecting budget currency in budgeting workbench. This is a requirement from client that they want to post budget for some fund centers in Foreign currency. Please guide me is this possible in FMBB.

Regards

3 REPLIES 3

iklovski
Active Contributor

‎07-17-2012 9:08 AM

0 Kudos

Hi Atif,

Budeting is done in FM area currency.

Regards,

Eli

atif_farooq
Active Contributor
In response to iklovski

‎07-17-2012 9:26 AM

0 Kudos

Hi Eli:

Ok budgeting is done on FM currency..Now what about expense posting or raising PO based commitment which may be in foreign currency . Fund center and commitment items for supplies has been given 10 M budget in FM currency. Now its consumption at PO creation or GRN is being done in foreign currency. Will AVC check be triggered on foreign currency consumption posting or not?

Regards

iklovski
Active Contributor
In response to iklovski

‎07-17-2012 9:33 AM

0 Kudos

Hi,

Of course, your consumption documents could be done in any currency. But in FM tables, the budget will be checked in local currency.

Regards,

Eli