I am configuring Fund Management module. When I am doing MIRO, getting a error, ''Annual budget exceeded by 7,200.00 INR (FM PB Availability Control) for document item 00002. Here in line item 2 GR/IR account is coming.
In Fund management updating control configuration, I have select MM invoice receipt. But if I select MM Goods Receipt, then the error is not coming.
So please clarify me that what the functionality of these two options.
If you select OFUP setting as 'MM Goods Receipt' then FM document will be generated at the time GR posting but Budget AVC will not happen while posting of GR document as per the functionality (PO commitment will get reduced as actual). In the other way if you select 'MM Invoice Receipt' then FM document will be generated at the time of MIRO posting and also budget AVC check will be happened.
Hope you understand the functionaliy
So if we choose MM invoice receipt option, then at the time of invoice posting, Po commitment budget should reduce and actual will be update. Then please tell me why system asking to maintain the budget again. We have already allocate commitment budget for the same.