FMBB - Special Periods

[Former Member]

Dear Experts

We want to post Budget (FMBB) by giving special periods in 'period' field (period 13). But we are able to see only 12 periods here,

not able to see special periods in 'periods' field.

Kindly suggest how to enable special periods in FMBB.

Appreciate your valuable inputs.

Regards

TP

[iklovski · Accepted solution]

Hi,

Special periods in budget should be supported only for carry-over activities.

Regards,

Eli

[Former Member]

Hello Eli

Thanks for the reply, but how to post Budget in special periods, since we are posting few invoices in the month of April (adjustment entries in special periods). So for avoiding budget exceed error cases we need to create budgeting document by giving special period 13.

Kindly suggest...

Regards

[iklovski]

Hi,

First of all, do you really have a budget on monthly basis? Did you implement 'budget period' object for this or some workaround? Because, otherwise, the budget is checked on an annual basis. Second, Fm period is derived from FM posting date, which is in its turn derived from FI posting date. So, no posting is created in special period in FM tables, when you post FI document in a special period.

Regards,

Eli

[Former Member]

Hi

Thanks Eli,We are using monthly budget with work around solution.

Suppose if I am giving posting date as 31.03.2012 and giving 'period 13' (instead of 12) in FI invoice postings, then FI invoice would be posted in period 13.  I think FM actual line item will be generated in the period of 13th. I am I correct?

In this case how can I create the budgeting document to avoid budget related errors?

Regards

[iklovski]

Yes, it would be 13th. But, the question is where your budget is set. It should be on some FM object and not on the period (in a standard solution). AVC mechanism does not look at posting period as such, but works on FM objects. So, if you have monthly-based budget solution, you must have used some FM object to represent the month.

[sjajodia]

TPT CLR,

Please note that special periods (even in FI) are subdivisions of the last period in the year. As Eli said the budget check will still happen against the annual budget (standard) or the FM Object you used to represent the month.

Thanks

Shyam

[Former Member]

Hi Eli

Thanks for the information,  I agree with your words.

Only my concern is while posting of FI invoice if we give special period as 13 for adjustment entries posting (Posting date as 31.03.2012) we can have an option to track this document as adjustment entry based on the posting period 13 on the document .

But coming to Budget document creation (FMBB) we don't have an option to give posting period as 13,  even though it is not relevant to Budget AVC check only I am asking to know budget document details s whether these budget documents for adjustment entry or some thing else etc.,

Any how thanks for information

Regards

[iklovski]

Hi,

FMBB behaviour is the standard one. Special periods are not eligible for normal budget entry; only carry-forward process could use them.

Regards,

Eli

[Former Member]

Hi Eli

Thank u so much...

Regards

TPT

[atif_amin]

Hello TPT CLR,

It would be of great help if you could please share the work around solution for monthly budget that you have used.

Thanks in advance

Regards

Atif