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Technical Data

Technical name of the business function

PSM_GEN_BUDPER_1

Type of Business Function

Enterprise Business Function

Available as of

SAP enhancement package 4 for SAP ERP 6.0

Technical Usage

Public Sector Accounting

Application Component

Funds Management Government (PSM-FM)

Directly Dependent Business Function Requiring Activation In Addition

EA-PS

You can implement this business function to take advantage of a new master data entity called the budget period, which supplies modules in public sector accounting.

The new entity allows recording the time of budget and its execution, independent of fiscal year considerations.

Prerequisites

You have installed the following components as of the version mentioned:

Type of Component

Component

Is Needed Only for the Following Features

Software Component

  • EA-PS 604

  • FI-CA 604

  • IS-PS-CA 604

  • SAP_APPL 604

Business Intelligence Content

From SAP NetWeaver 7.0 BI Content Add-On 4

Features

The business function offers the following features:

  • Budget period as separate master data entity in Public Sector Management (PSM)

    This new master data object is made available in the Budget Control System (BCS) and in many budget execution processes. It is recorded in budget and commitment/actuals figures in Funds Management (FM) and can serve as a balancing entity in the new General Ledger (G/L). Expiry and cancellation date functions have been moved from the fund to the budget period.

  • Enhanced budgeting and active availability control if you are using BCS

    A field for the new entity has been added to all relevant user interfaces in BCS. This includes, but is not limited to, the central budget document transaction FMBB. Budgets can be distinguished by means of the budget period, enabling you to have a budget from the same account assignment cycle, valid for more than one fiscal year.

  • Enhanced financial and budgetary accounting

    Existing user interfaces that display the FM account assignments (such as fund and funds center) have been enhanced to include the new assignment budget period in the area of MM, SD, RE, FI, AM, CO, HR, FM. This includes all places where the coding block is used.

  • Enhancements to the US Federal Government solution

    All Federal-specific functions that display the FM account assignments have been enhanced to include the new budget period account assignment element.

More Information

Read the budget period documentation to obtain detailed information on where and how the budget period is used.