Function documentation Cost Center Budget Planning 

Use

Cost center budgeting provides a further method of planning in addition to primary cost and secondary cost planning. This tool enables you to carry out a comparison between actual postings and plan budgets. You can thus determine when the budget is exceeded and carry out timely availability checks. You can create budgets

  • for a single cost center or
  • for cost centers of a cost center group

You can see the budget data in a

budget report. The budget report compares plan data , commitment data, and actual data (resulting from actual postings) as well as the allotted and available amounts.

Prerequisites

Before you can plan your budget, you must create a

budget profile during Customizing for Cost Center Accounting. Alternatively, you may use an existing profile. You can change the following budget profile settings when you are planning your budget:
  • Budgeting time frame
  • Decimal places
  • Scaling factor
  • Distribution Keys
  • Fiscal year or period values

See also:

Planning Budgets

 

 

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