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Multi year Budget definition

former_member600294
Active Participant
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Hi All!!

How do I do a carry forward for Revenue Budgets as well as Capital Budgetsin ECC6?

What are the steps to be followed as a year end activity?? and what are the additional configurations to be done for Multi year budget definitions??

Thanx

Shivaji

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Answers (3)

Answers (3)

former_member600294
Active Participant
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resolved

iklovski
Active Contributor
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Hi,

Are you with BCS or former? Are you interested in carry-forward the budget or running multy-year budegt, because these things are different...

Regards,

Eli

former_member600294
Active Participant
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Hi Eli,

We are on BCS - Ecc6.

1. We wud like to carry forward the budgets of 2009 to 2010.

2. We wud also like to enter the budget for 3 years?

Kindly guide us.

Thanx

iklovski
Active Contributor
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Hi,

To enter the budget, you have to simply open the version for future years (FMBOSTAT).

To carry-forward the budget use FMMPCOVR transaction (after configuring the carry-forward strategy via FMYC, and making necessary configuration for YE in BCS).

Regards,

Eli

former_member600294
Active Participant
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Hi Eli,

While executing FMMPCOVR I am getting the error 'Commitment Item category not defined correctly'.

Have I missed out some steps?? Bcoz the CI category has been defined correctly.

Thanx

Shivaji

iklovski
Active Contributor
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Hi,

What is the commitment item category in your case? It should be either 2 or 3 to transfer budget.

Regards,

Eli

former_member600294
Active Participant
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Hi Eli,

The item category is '3' in all cases.

Thanx

Shivaji

iklovski
Active Contributor
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It cannot be in all cases if we are talking about 'normal' FM set-up: there must be some '1' as well. Anyway, try restricting the carry-forward program to only one commitment item (with residual budget, naturally) and tell if the error persists. If it does, please send the exact error message and number.

Former Member
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Please, tell, in what cases can we use commitment item category 4 and 5?

Former Member
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Hi,

The transaction to carry forward the revenue budget is FMBBC or FMBB. Enter process as carry forward. This process is applicable if you want to tranfer the budget from current year to next year.

Thanks,

Mausmi