Status management
Use
Status management is used in the R/3 System to control commercial transactions. This is effected by the allocation of one or more statuses to an object. Status management is available in Funds Management. You can use it to control commercial transactions by assigning one or more statuses to a master data object. A status can permit or forbid a commercial transaction, or have no effect on it.
In Funds Management, you can set the following statuses within an FM area, for one fiscal year:
Activities
If you want to use SAP status management within the Funds Management component, you must activate it first. It is not set by default.
To activate status management, you must define a status profile and store it in the FM area. Status profiles are maintained within the Funds Management IMG. This is where the assignment of the status profile to the FM area takes place. To execute both functions, choose Basic Data
® Status Management in the Funds Management Implementation Guide.For this, read
User StatusIf you do not assign a status profile to an FM area, status management is not active and all business transactions, such as material purchase orders and G/L account postings, are permitted.