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Integration
With Funds Management
In this section of the IMG, you make the
settings required for integrating your HR Funds and Position
Management component with the Funds
Management component.
If your HR Funds and Position Management
component is integrated with the Funds Management component, you will be able
to benefit from the following functionality:
- You can generate HR budget structure elements
by FM area in Funds Management.
You can break down
the HR budget structure elements that you generate in Funds Management
(integrated budget structure elements) further in HR Funds and Position
Management.
- When you finance a person or a position in HR
Funds and Position Mangement, a funds commitment or funds precommitment is
created automatically in Funds Management.
- The funds reservation in Funds Management is
"used up" by the actual payroll data of the person financed in Funds and
Position Management.
Note:
You must also make all the required settings in
the section of the Funds Management IMG entitled Actual and
Commitment Update/Integration ->
Integration -> Integration with HR Funds and
Position Management.