earmarked funds (PSM-FM) (SAP Library

earmarked funds (PSM-FM)

Funds Management (PSM-FM)

The business transactions within Funds Management that can reserve budget already distributed for revenues or expenditures to be expected. The characteristics of earmarked funds are:

They commit budget.
Their use is linked to a purpose (functional area) or application of funds.
There are legal obligations associated with them.

The business transactions involving earmarked funds are:

Funds reservation

Funds precommitment

Funds commitment

Funds blocks

Estimated revenue