Budget Management for Internal Orders (SAP Library

Budget Management for Internal Orders

Use

The budget is the approved cost structure for an internal order or an order group.

In contrast to planning, budget management is binding. In the planning phase you need to estimate costs, whereas during the approval phase, funds are prescribed by the budget.

Features

The following different budget types exist:

Original Budget
This is the budget originally assigned, before any updates were made.

Budget Updates
Unforeseen events, additional requirements, for example, price rises for external activities, and so on. This may mean you need to update the original budget, in the form of:

Supplements
Returns

Current Budget
This is derived from the budget types already mentioned:

Original budget

+

Supplements

-

Returns

=

Current budget

Note

The method for assigning and updating budget, and for configuring availability control for internal orders or order groups is similar to that for projects, except that projects are organized in a hierarchy.

For more information on budgeting, see: Budget Management, and Availability Control.

Note

Investment programs enable you to manage and monitor budgets that cover more than one order.
You can find more information in the SAP Library, under Financials ® Investment Management (IM) ® Investment Management Overview.