Define Financing Types for Each Object Type (SAP Library

Define Financing Types for Each Object Type

In this step, you define types of financing for the object types used in HR Funds and Position Management.

For every object type used, you specify types of financing that are possible (and, if applicable, a standard financing type).

You must create a separate new entry for each allowed financing type.

Example

Standard financing:
A person is to be financed indirectly via a position which is financed in full-time equivalents. As of yet, no financing relationships exist for the person.
However, the standard financing type specified for the object type 'Person' is 'Monetary budget'. In this case, the full-time equivalents required to finance the person are converted into a monetary amount. If, however, the person has already been financed in full-time equivalents, no conversion is performed.

Activities

To create financing types for object types, proceed as follows:

1. Choose New entries.

2. Select the Object type (OT) you want.

3. Specify the financing type that is allowed:

If it is to be possible for the object type to be financed using monetary budgets, select the Monetary budget flag. Leave the Budget unit field empty.

If it is to be possible for the object type to be financed using full-time equivalents, enter the budget unit STA in the Budget unit field. Do not select the Monetary budget flag.

4. If required, specify one standard financing type per object type. To do this, select the Standard field to the right of the financing type in question for the object type. The standard financing type determines the budget unit for financing if an object is to be financed indirectly and where no financing relationships exist for this object.

5. Choose Save.