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Activating and Defining Functional Areas 
Purpose
You activate Fund Accounting by activating and configuring the
functional area in Funds Management.Process Flow
Access the Implementation Guide (IMG) and carry out the following steps:
Functional areas are user-definable and should be created at the lowest level necessary for tracking specific functions, programs, and/or activities. Individual functional areas can then be grouped in various ways for accounting and reporting purposes.

Functional areas are defined independently of the FM area and can be used in all company codes.
Processing Functional Areas
You can also create or modify functional areas directly (instead of through the IMG) by accessing the Funds Management menu and choosing Master Data
® Functional Area ® Process Functional Area.
