I am struggeling a bit on how to allocate budgets against projects or cost centres. Has anybody worked with project budgets and has a solution?
Yes... Ive set this up for projects and profitcodes.
I use the standard scenario process as exists normally in B1 and I use a completely new set of customised reports (as unfortunately B1 budget reports dont support profit code and project code). To support the complilation of own reports I use a view to reformat the OBGT table so months are vertical and not horizontal.
Works well, as you can also create a budget to run across multiple projects... e.g. department b has ten project b1,b2,b3 etc. they have indiividual projects per budget (in this case I rn across a fixed range b1 to b1), in the case of the department budget I run across a range b1 to b9).
Solution I have works pretty effectively, so budget reports include not only monthly but also YTD statistics. Only downside is the limitation in the layouts (although its possible to modify this slightly if you regroup your chart of accounts).
I think SAP intends in the future to use XL reporter more for budgeting, although in my view this will not be practical before next year as you will most likely need the 2005 version of the XL reporter that supports UDF fields.