Transfers (SAP Library - Funds Management (FI-FM))

Transfers

Use

It may happen that one funds center is running short of funds while another still has plenty. Transfers are a tool in Funds Management, which you can use to place budget from one Budget Structure Plan Element at the disposal of another. You can make transfers for the commitment budget (CB) and the payment budget (PB).

Prerequisites

You cannot enter transfers for funds releases, but only for the current budget in a particular version.

Features

Transfers between different funds centers and commitment items in the same fiscal year (balance carried forward or advance)

Transfers between fiscal years in the same funds center and commitment item (balance carried forward or advance)

Transfers between different funds centers and commitment items in different fiscal years

Transfers between different funds, also across fiscal years

Short and long texts

Budget Consistency Checkswhen transferring

For transfers in which expenditures account assignments are addressed, the budget is reduced for the sender and increased for the receiver.

For transfers addressing a revenues account assignment, either as sender or as receiver, the budget is reduced for the sender and the receiver.

Activities

In the entry screen for the transfers, you must enter at least one sender and one receiver, and the amount of the transfer. You can apportion the amount from the sender to more than one receiver.

Choose Accounting ® Financial accounting ® Funds management ® Budgeting ® Transfers ® Commitments for the (CB) and payments for the (PB).

See also:

Budget Types in Funds Management