Fund Management Statistical budget and statistical commitment item

[former_member691323]

hi Guru,

I have a requirement from my client that they need comparison between budget and revenue/good issue...etc. I design them as statistical commitment items. So I want to maintain budget via FMPEP with statistical document type, statistical budget value type S1, statistical budget type. But I finally understand this is not allowed and different concept between statistical update and statistical budget in note 2733960. Its not easy to find a discussion about this, neither the detail of statistical budget. could you share any idea about that?

[iklovski · Accepted solution]

I wouldn't bother to define statistical budget for this. This is a classical case for tolerance profiles. If your revenue commitment items are defined with category '2' - income, you can base a tolerance profile on this information, for example.

[former_member691323 · Accepted solution]

Thank you, It does help me to clarify it.

[iklovski]

Hi,

Statistical budget and statistical commitment items are not the same thing. Defining commitment item as statistical blocks the possibility to introduce any budget on it. All postings on those items will not be considered by availability checks. Statistical budget is a different budget type, which is used for reporting purposes and not designed for consumption. Hope it clarifies... your requirement, though, is not clear, when you speak about "comparison between budget and revenue/goods issue".

Regards,

Eli

[former_member691323]

hi Eli,

Really appreciate your response and its helpful. My client plan all kind of budget in the beginning of the year, including sales revenue and production cost. Obviously I wont config any avalability check for sales revenue. but they still need report to represent the budget vs actual for revenue. Thats why I considering statistical budget. Or I should considering tolerance profile with no control for revenue?