WNA910: Funds Management: Processes, Organization, and Configuration

mySAP Financials

Financial Accounting

Course Description

Code:	WNA910
Name:	Funds Management: Processes, Organization, and Configuration (4.7)
Level:	3
Length:	5 days

Objectives:

Understand the phases of funds management in the SAP system, including planning, commitment, budget execution, and year-end closing
Learn how individual business processes in other applications (Procurement, Sales and Distribution, Human Resources, Financial and Controlling) affect the funds management system.
Be able to enter required configuration settings in SAP for funds management.

Content:

Course uses the Enterprise Add-on 2.0 Solution:
Organizational structure and Global Settings
- Funds Management Area and Assignments to Company Code and Controlling Areas
- Activate Multi-Year Budget Execution
Master Data
- Funds center, commitment item, fund, functional area, funded Program, budget structure for BCS - Budget Control System.
- Year-dependant master data
- Allocations to Account Assignments from Other Components (FMDERIVE)
Funds Management Updating
- Update profile
- Integration MM, FI, FI-AA, HR, CO, PS, SD, PM
- Period Based Encumbrance Tracking (PBET)
- Activate/Deactivate Funds Management
Budget Control System - Execution
- Use of Master Data
- Definition of Budget Data
- Budget Types, Budget Releases
- Budget Entry
- Planning
- Budget Entry Documents
- Control Budget Flow
- Consistency Check
Revenue Increasing Budget
Budget Control System
- Available Control
- Activity Groups
- Availability Control Ledger
Budget and Availability Control (Former Budgeting)
- Discussion and Comparison to BCS
Specific Postings
- Earmarked Funds
Closing operations (Discuss differences between Standard Closing Operations and Multi-Year Budget Execution)
- Budget and commitments carryforward
- Fund balance carried forward
Information system/reporting
- Reporting tools
- Maintaining the Information System
Authorization concept

Course Schedule

Online / Client site.