How the FM module or IM module is integrated with PS

[Former Member]

Hi,

How the FM module or IM module is integrated with PS?Pls explain how and in which situation it will be integrated. Actually am doing Investment project.

Thank in Advance

[former_member195427]

Hi M D,

          Please check the following links which explains clearly about IM-PS integration:

http://www.erpgreat.com/project/integration-of-ps-and-im-in-sap-system.htm

http://scn.sap.com/thread/1372542

http://scn.sap.com/thread/1051120

http://scn.sap.com/thread/554421

Also,

PS integration with IM is required for Investment Projects.

Investment Managent integrates for creartion of Asset Master data. The Project Costs are settled to Asset.

IM has great capabiltiy when you go for Higher Level Budgeting i.e Budget is allocated one level up of Project.

Budget is allocated to Investment Programs and then distributed further to Projects.

Mulitiple Projects can be assigned to one Investment Program for a Financial year.

Apart from this it also serves as good reporting for MIS.

Hope, this clarifies your doubt.

Regards

Ankur

You can also use Appropriation request when your Project is in Approval Stage.