Funds Management for the Public Sector with SAP

Configuration and Use

Book Information

• Publisher: SAP PRESS
• Authors: Eli Klovski
• Year: 2022
• Edition: 1
• Pages: 269
• Language: English

Description

At last, your all-in-one resource for funds management is here! Start with an overview of the funds management process and the SAP S/4HANA user interface. Next, customize all aspects of your budget, from budgetary management to workflows to financial close. Finally, walk through step-by-step instructions for user transactions, including budgeting, posting, and closing. Get everything you need to keep your costs and expenses on track!

• Configure funds management for public sector management in SAP S/4HANA and SAP ERP
• Manage budgets, postings, and financial close in an active system
• Conduct funds management reporting for visibility into totals and details

Key Highlights

• Master data
• Budgetary structure
• Budgetary management
• Budgetary ledger
• Availability control (AVC)
• Financial close
• Customization
• Actual and commitment updates
• Posting
• Reporting

You'll learn about

• Getting Started with Funds Management:
  Learn the basics of funds management for public and public-partnered organizations. Then get funds management up and running in your system and walk through its user interfaces and key activities.
• Configuration:
  Customize your budget to your organization’s needs! Set up your master data and define a budgetary structure. Configure budgetary management, actuals and commitments, availability control, closing operations, and workflows in SAP S/4HANA.
• User Transactions:
  Get step-by-step instructions for common user transactions, including budgeting, posting, financial closing, funds reassignment, revenue increases, cover eligibility, and reporting.

Table of Contents

• Preface
• The Objective of This Book
• Target Audience
• Structure of This Book
• Acknowledgments

• 1 Budget Management at a Glance
• 1.1 Reviewing Customers’ Needs
• 1.2 The General Funds Management Process
• 1.3 Customization and Key Activities
• 1.4 Summary

• 2 Master Data and Budgetary Structure
• 2.1 Funds Management Master Data and Use
• 2.2 Mapping Funds Management Objects with Financial/Logistical Entities
• 2.3 Budget Structure Concept
• 2.4 Budget Derivation Strategy and Use
• 2.5 Configuration Settings
• 2.6 Summary

• 3 Budgetary Management
• 3.1 Multiple Budget Ledgers Concept
• 3.2 Available Budget Attributes and Use
• 3.3 Budget Flow Controls
• 3.4 Customization and Key Activities
• 3.4.1 Basic Settings
• 3.4.2 Budget Entry
• 3.4.3 Controlling Budget Flow
• 3.4.4 Automatic Budget Posting
• 3.5 Summary

• 4 Actual/Commitment Updates
• 4.1 The Update Profile Concept
• 4.2 Period-Based Versus Annual-Based Tracking
• 4.3 Financial and Logistical Flows
• 4.4 Earmarked Funds and Funds Transfers
• 4.5 Customization and Key Activities
• 4.5.1 Defining the Derivation Strategy
• 4.5.2 Integration
• 4.5.3 Earmarked Funds Settings
• 4.6 Summary

• 5 Availability Control
• 5.1 Availability Control Ledgers
• 5.2 Availability Control Objects and Filters
• 5.3 Multiannual and Annual Regimes
• 5.4 Availability Control Derivation Strategy and Tolerance Profiles
• 5.5 Customization and Key Activities
• 5.6 Summary

• 6 Closing the Financial Year
• 6.1 Introduction to Closing Operations
• 6.2 Carry-Forward of Open Commitments
• 6.3 Carryover of Residual Budget and Closing Activities
• 6.4 Year-End Exercise Under Multiannual Budget Regime
• 6.5 Configuration Settings
• 6.6 Summary

• 7 Workflows
• 7.1 Workflow Roles
• 7.2 Workflow Definitions
• 7.3 Summary

• 8 User Activities in Funds Management
• 8.1 Introduction to User Activities in Funds Management
• 8.2 Master Data Maintenance
• 8.3 Budgeting
• 8.4 Earmarked Funds and Other Postings
• 8.5 Closing Procedures
• 8.5.1 Assign Budget Status
• 8.5.2 Open Budget Period for Budget Operations
• 8.5.3 Open Budget Consumption
• 8.5.4 Close Open Commitments
• 8.5.5 Carry-Forward of Commitments/Balance
• 8.5.6 Carryover of Residual Budget
• 8.5.7 Residual budget calculation
• 8.6 Reports
• 8.7 Summary

• 9 Auxiliary Postings in Funds Management
• 9.1 Change of Funds Management Account Assignment
• 9.2 Subsequent Data Transfer to Funds Management
• 9.3 Mass Data Deletion
• 9.4 Mass Data Reconstruction
• 9.5 Summary

• The Author

• Index

Disclaimer

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