Asset Budgeting in Fund Management

[former_member218048]

Dears

We are doing the settings for Fund Management derivation rules.

We have Cost Centres as Fund Centres and GLs as commitment items.

We have made a derivation rule that Cost Centre -> Fund Centre.

We have requirement to control the budgets for Asset Acuisitions.

I feel the derivation of Cost Centre in the Asset Master can be used for budget control and budgeting.

Since already Cost Centre-> Fund Centre derivation there, do we need to create another derivation rule for Asset Master Cost Centre ?

Please guide me how to do it.

[former_member200703 · Accepted solution]

Hi

you may refer to this document it may contain useful information about budgeting in asset acquisition

Regards

Mahmoud El nady

[iklovski]

Hi,

That depends on the operation you do. To cover it 100% you have to create a rule reading master data of the asset (there is a function module for this FMDT_READ_MD_ASSET).

Regards,

Eli

[former_member218048]

Dears

Is my following understanding is correct or not ?

When we enter the budget against the cost centre/comm items (budget addresses), the availability control automatically get activated for that budget address item. This is what happens in the IO Budget availability control activation, right ?

In other words, if we do not enter budget figures in the fund management for the address, no availability control will be active and user can post without any errors.

Is my understanding correct ?

[kamalkumar_biswas2]

Hi

I think right....

[iklovski]

No, of course not. If you don't have budget figures, but AVC active, you will have availability messages depending on your AVC settings.

[kamalkumar_biswas2]

Hi Eli

   I mean to say that as par para one...he is right

   But in reply to his 2nd para Eli is right...srry I missed that to reply.

[kamalkumar_biswas2]

Hi

If CCtr defined in asset master is already in derivation , so no need to define any new derivation rules because from that FC will be triggered..

And I think you have already maintained GL a/c to CI derivation also