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Central Budgeting for Internal Orders

This feature enables Central Budgeting for Internal Orders in a Central Finance scenario.

Central Budgeting for Internal Orders is allowing a centralized approach to managing budget in a Central Finance system while the budget is typically consumed in a process carried out in the source systems.

We recommend you doing all reporting for internal orders which are part of Central Budgeting in the Central Finance system.

Technical Details

Type

New

Functional Localization

Not applicable

Scope Item

Not applicable

Application Component

FI-CF-CO (Central Finance)

Available As Of

SAP S/4HANA 2020

Additional Details

With Central Budgeting a remote budget check from a source system to a Central Finance system will be active during the posting process where the budget is consumed. The remote budget check during a posting in a source system will consider the Customizing settings made in the Central Finance system for the budget profile and tolerance limits for availability control.

Effects on Customizing

For Central Budgeting for Internal Orders a Customizing activity has been enhanced and a new Customizing activity is now available in Customizing for Central Finance. You can access Customizing using transaction SPRO or transaction CFINIMG which leads you directly to the settings for Central Finance: Start of the navigation pathFinancial Accounting Next navigation step Central Finance Next navigation step Central Finance: Source System SettingsEnd of the navigation path:

  • Start of the navigation pathSet up Connection to Central Finance System Next navigation step Maintain RFC Assignments and Settings for the Central Finance SystemEnd of the navigation path

    You perform this activity to create an RFC destination in the source system for Central Budgeting for Internal Orders.

  • Start of the navigation pathSettings for Central Budgeting Next navigation step Settings for Internal OrdersEnd of the navigation path

    You perform this activity to define the company codes and internal orders for which you want to enable Central Budgeting for Internal Orders.