Investment planning in the R/3 System is intended to be cyclical, based on an annual planning process. You set up and budget a separate investment program for each approval year To simplify this process, you can copy the program structure of the investment program from the old approval year. You can also carry forward measures and appropriation requests, along with budget values and plan values. There are two ways of handling the values carried forward to the new fiscal year. You can either manage them separately from the new values, or treat them the same as the values in the new year. How the values are treated is determined by the function you choose:

• Opening a new approval year

You use this function to copy an existing investment program for the new approval year, and to carry forward the values of all old measures and appropriation requests that are not yet closed to the new investment program. The forwarded values are initially managed separately in the new investment program.

• Closing the old approval year

You use this function to carry forward the values of all old measures and appropriation requests that are not yet closed to the new approval year and new investment program. In this case, the forwarded values are not managed separately in the new investment program. Instead, they become a part of the current plan values or budget values. The new investment program has to already exist before this carryforward takes place.

You can find the data for this process under