Organizational Units in Project Cash Management 
Organizational Units in Project Cash Management
Like the FI and Treasury application components, Project Cash Management uses financial management areas (FM areas) and commitment items.
Financial Management Areas
The commercial organizational unit in Project Cash Management is the financial management (FM) area. This structures the business as viewed from Cash Management into commitment items, divided by revenue and expenditure.
The integration between the financial and accounting views is effected by means of FM area/company code assignment. You can assign more than one company code to an FM area.
Postings and plan values for the project are recorded in Project Cash Management in controlling area, object, and transaction currency.
From Release 4.0, the data is no longer recorded in FM area currency. The standard system does not convert old data. If you have worked in releases prior to 4.0 with different currencies in your FM area and controlling area, use program RPSCMCUR to check whether it is necessary to convert the database and, if necessary, to convert the currencies in the database tables.
Commitment Items
Commitment items are used to classify the business transactions affecting liquidity within an FM area. In Project Cash Management, commitment items are used to split these business transactions into revenue and expenditure items.
Commitment items contain the parameters which control how payment data is recorded.
Only financial transactions with category 30 are recorded in Project Cash Management.
You create commitment items in the Project System implementation guide.
For more information, see the IMG for Project System under Payments ® Commitment Items.