12/19/2017 SAP e-book
Unit 2: Master Data
Lesson 11
Derivation Tool 71
Exercise 6: Account Assignment Derivation 79
UNIT OBJECTIVES
● Organize structures in Funds Management
● Explain the relationship between the account assignment elements: funds center,
commitment item, fund, functional area, and funded program
● Manage organizational units within an FM area which represents the structure of an
organization (areas of responsibility, departments, projects) in the form of a hierarchy.
● Define commitment items that represent the functional grouping of expenditures and
revenues within a financial management area (FM area)
● Maintain funds master records.
● Demonstrate how budget period is the period of available budget authority
● Maintain the functional area
● Explain funded programs within Funds Management (FM).
● Make general settings
● Explain and implement the budget structure
● Prepare the derivation tool to derive FM account assignments
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12/19/2017 SAP e-book
Unit 2
Lesson 1
Organizational Structures
LESSON OVERVIEW
The lesson will explain the organize structures in Funds Management.
LESSON OBJECTIVES
After completing this lesson, you will be able to:
● Organize structures in Funds Management
Figure 6: Organizational Elements Within Accounting
Depending on the level at which accounting data is viewed, the organization is represented in
the SAP system using the following structures:
● The organizational unit for Funds Management is the financial management area (FM
area).
● The organizational unit for Controlling is the controlling area.
● The organizational unit for Financial Accounting is the company code.
● The FM area and the controlling area take precedence over the company code.
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