Hierarchy

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IMG Activity
ID | HR_ECM_00_BD_001 | Define Reference Currency for Budgeting |
Transaction Code | S_ALN_01001493 | (empty) |
Created on | 20030219 | |
Customizing Attributes | HR_ECM_00_BD_1_2 | Budgeting - Mandatory - Not Critical |
Customizing Activity | SIMG_OHCMP_2510 | Define Budget Currency |
Document
Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
Document Name | HR_ECM_00_BD_001 |
Use
In this step, you determine which currency you want to use as your reference currency for budgeting.
Example
The headquarters of your organization is in the United States, but you have subsidiaries in Germany and Great Britain. Headquarters controls the budget planning and therefore, the reference currency is USD. The budgets for the subsidiaries are, however, created in euro and GBP (£) respectively. When you run a consistency check, the system converts all budget amounts into USD and displays how much has been distributed and how much is still available in USD. The budget amounts for the subsidiaries are displayed in the chosen national currencies.
Activities
- Determine which time periods you require in your organization and in which currency they should be calculated.
- Enter a validity period.
- Enter a currency.
- Repeat steps 2 to 4 until you have defined all necessary time periods and their respective currencies.
Note
You should not change the reference currency for a time period once you have defined it, as this could cause problems for budgets that have been created.
For example:
You have an entry in this table that is:
01/01/2000 - 12/31/9999 USD
If you have already created budgets until the end of 2003, then you should not change this entry until end of 2003. At the start of 2004, you can update the entry, as follows:
01/01/2000 - 12/31/2003 USD
01/01/2004 - 12/31/9999 USD
Business Attributes
ASAP Roadmap ID | 203 | Establish Master Data |
Mandatory / Optional | 1 | Mandatory activity |
Critical / Non-Critical | 2 | Non-critical |
Country-Dependency | A | Valid for all countries |
Maintenance Objects
Maintenance object type | C | Customizing Object |
Assigned objects | ||||||
---|---|---|---|---|---|---|
Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
V_T7PM2_CMP | V - View | SM30 | 0000000000 | Maintain Budget Type Group Characteristics |
History
Last changed by/on | SAP | 20030219 |
SAP Release Created in | 200 |