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FM & PS integration

Former Member
0 Kudos

Hi Gurus,

1> Can any one shed some light on FM(BCS) and PS integration.

2> Our client has implemented PS, where the budgeting is taken care. So the question is, what are the other benefits if they go for FM implementation?

3> WBS element can be created as Fund centers in FM. Is there any other master data that we can have it integrated??

Regards,

Purnima

3 REPLIES 3

iklovski
Active Contributor
0 Kudos

Hello,

Budgeting in PS and in FM have different duncitonalities. While in PS, you have overall budget for WBS(project), in FM you can build you budget on more detailed level of nature of costs (G/Ls which are mapped to commitment items) , define sophisticated strategies for budget derivation, build different AVC ledgers, etc. So, it's dependent on your business requirements whether to be satisfied by PS budgeting or go for FM implementation. FM is integrated with PS almost automatically, when you switch the FM component. All you have to do is to define the derivation startegy for FM entities from WBS.

Regards,

Eli

Former Member
0 Kudos

Hi

Thank you Eli

Regards

Purnima

Former Member
0 Kudos

Hi Experts,

Can we have both budgeting activated simultaneously. I mean, budgeting in PS as well in FM?

Does the PS budgeting becomes inactive, when the FM budgeting is activated? This happens with IM budgeting, i.e the moment IM budgeting is activated, PS budgeting becomes inactive automatically.

Regards,

Purnima

Edited by: Purnimar10 on Jun 3, 2009 1:15 PM