CJCO & CJCF : request clarity pl

[former_member221039]

Dear PS gurus,

Can any one pl explain the use of the following T-codes in PS

CJCO ; Carrying Forward Project

CJCF : Fiscal Year Close ; Carryforward Commitment

thanx in advance.

regards

Srihari

[Former Member · Accepted solution]

Hi Ediga,

Please refer my explaination below.

CJCO : Carrying forward Project Budget

This transaction can be used to carry forward Project Budget to the next year.

For e.g. If you have got sanctioned budget of Rs.1,25,000/- this year and you have used only Rs.1,00,000/- this year. Then balance amount of Rs.25,000/- can be carried forward to the next year and can be used then.

CJCF : Fiscal Year Close ; Carryforward Commitment

For finanical reporting purpose, every year closing activity takes place at the end of financial year. If during Fiscal year year closing, certain amount of commitment has not been executed,it can be carried forward to the next year depending upon Management approval. Subsequently this commitment can be utlised in next years budget and can then be closed.

Hope this helps.

Regards

Tushar

PS: Reward points if you found answer useful.

[former_member221039 · Accepted solution]

Dear Tushar,

Thanx for the detailed explanation of CJCO & CJCF.

regards

Srihari

[Former Member · Accepted solution]

Dear Srihari,

Thanks for compliments.

Regards

Tushar