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  • R/3 Funds Management - Budgeting, Control & Transactions

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    smile1always
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    Funds Management in SAP R/3 allows organizations to integrate components like General Ledger Accounting and Materials Management to monitor procurement transactions from requisition to invoice. It helps check revenues and expenditures, provides budgetary control, and controls financial equilibrium, but does not integrate with cash budget management or project cash management.

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    Funds Management implementation

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    Funds Management

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    Funds Management in SAP R/3 allows organizations to integrate components like General Ledger Accounting and Materials Management to monitor procurement transactions from requisition to invoice. It helps check revenues and expenditures, provides budgetary control, and controls financial equilibrium, but does not integrate with cash budget management or project cash management.

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    © All Rights Reserved
    Descărcați ca DOCX, PDF, TXT sau citiți online pe Scribd
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    6 vizualizări1 pagină

    R/3 Funds Management - Budgeting, Control & Transactions

    Încărcat de

    smile1always
    Funds Management in SAP R/3 allows organizations to integrate components like General Ledger Accounting and Materials Management to monitor procurement transactions from requisition to invoice. It helps check revenues and expenditures, provides budgetary control, and controls financial equilibrium, but does not integrate with cash budget management or project cash management.

    Drepturi de autor:

    © All Rights Reserved
    Descărcați ca DOCX, PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    din 1

    Funds Management

    Funds Management is fully integrated with other components


    in the R/3 System. The components that are integrated depend
    on the specific requirements of your organization. A basic
    requirement for use of Funds Management is integration with
    the General Ledger Accounting (FI-GL) component.
    Integrating the components Materials Management and Funds
    Management means that you can, for example, reproduce and
    monitor procurement transactions from the purchase
    requisition to the invoice.
    Funds Management can not be used with an application
    cponenets cash budget management and or project cash
    management
    Funds Management helps you to:
    - Check revenues and expenditures and fund released
    business transactions
    - Budgetary control
    - Control financial equilibrium of business

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