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SAP Funds Management Course Introduction

The functions in this component support you in creating and executing budgets. The purpose of Funds Management is to budget all revenues and expenditures for individual areas of responsibility, to control future funds transactions in accordance with the distributed budget, and to stop the budget being exceeded. You can adapt the budget to changes in conditions by entering releases, supplements, returns, and transfers.

Implementation Considerations

The component Funds Management cannot be used simultaneously with the application component Project Cash Management if you are using year-dependent master data in Funds Management.

If you want to use Funds Management simultaneously with Project Cash Management , Project Cash Management can only process ten-digit commitment items.

Integration

Funds Management is fully integrated with other components of the SAP System, especially with the Budget Control System (BCS). The components that are integrated depend on the specific requirements of your organization. A basic requirement for the use of Funds Management is integration with the General Ledger Accounting (FI-GL) component.

Integrating the components Materials Management and Funds Management means that you can reproduce and monitor a procurement transaction from the purchase requisition through to the invoice for example.

Integration also ensures that all the data you need for budget execution is available in Funds Management without additional data entry.

Features

SAP Funds Management Training Course Content

  • Introduction to Funds Management
  • Overview of Funds Management
  • Analysis of the Architecture of the SAP Funds Management
  • Overview of Reporting Options for Funds Management
  • Configuration of Funds Management (BCS)
  • Integration of funds management with other modules (FI, CO, MM, SD, Asset Acct).
  • Reports in Funds Managements
  • The course describes the necessary customizing for a funds management
  • Derivations of funds management
  • Show you the Impacts on new g/l and classical g/l systems.
  • Mapping Budget with different scenarios like (cost center wise, asset wise etc..)
  • Testing with all scenarios.

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