Validity Period

In the master record for funds centers, you create the validity period of the funds center in the FM area. Funds center postings are only possible in the validity period.

During this validity period, the following master data attributes have a general validity and, with the exception of the validity period, they are not changeable.

Alphanumeric code (name of the funds center)

Validity period

For more information, read Changing the Validity Period of the Funds Center .

Classification

For more information, see Classification .

Long text information

For more information, see Maintaining Long Texts for Master Data .

Authorization group

For more information, read Authorizations .

Sub-interval

All other master record attributes can be changed. If you make changes to master data, the system automatically generates sub-intervals. This means that funds centers are very precise with regards to time, and changes made do not cause existing data sets to be overwritten. The sub-intervals are listed for your selection as analysis periods when you call up a master record. You can select the analysis period as required.

Data attributes that are valid in a sub-interval:

Name and description

Employee responsible for funds center (responsible for budget)

Default value for a fund

You can specify a fund in the funds center master record and it will be copied to the document when you perform a posting transaction, as long as another fund is not entered in the document. Note that the funds center is not derived from the commitment item until you activate this function in the Customizing of Funds Management Government . In Customizing, choose Master Data → Assignments to Account Assignments in Other Components → Choose Derivation Rule and copy the Fund derivation rule from Funds Centers Master Data , which is provided by SAP, into your derivation strategy.

Address information

Communication information

For more information on processing sub-intervals, see Processing Analysis Periods For Funds Centers

The graphic illustrates the difference of funds center data sets in the validity period and in the sub-interval.