SAP FM ONLINE TRAINING IN BANGALORE

1. SAP FM(FUNDS MANAGMENT) ONLINE TRAINING CONTACT US: MAGNIFIC TRAINING INDIA +91-9052666559 USA : +1-678-693-3475 info@magnifictraining.com www.magnifictraining.com Online | classroom| Corporate Training | certifications | placements| support

2. SAP FUNDS MANAGEMENT ONLINE TRAINING . course overview: • The tasks of Funds Management are to budget all revenues and expenditures for individual responsibility areas, monitor future funds movements in light of the budget available, and prevent budget overruns. • You can adapt the budget to changes in conditions by entering releases, supplements, returns, and transfers • you create your financial management (FM) areas. The financial management area is an organizational unit within accounting which structures the business organization from the perspective of Funds Management www.magnifictraining.com

3. SAP FM ONLINE TRAINING INDIA Sap (FI) Funds Management online training Definition:- Funds balance provided for a specific purpose by a sponsor and managed separately Use:- Funds are used to represent funds from secondary sources. They represent funds which are limited as to time available or function, which have been made available to cover specific expenditures www.magnifictraining.com

4. SAP FUNDS MANAGEMENT TRAINING CLASSES Highlights in our training service: • Every faculty has Real Time Experience. Trained Resources placed in countries like Australia, USA, UK, JAPAN, SWEDEN,PUNE etc. • We are providing best online training on SAP FM(FUNDS MANAGEMENT)we offer investment options to our students, if necessary. • Any critical issues faced by resource resolved using Team viewer, WebEx . Supporting the resource with Top 100 Interview Questions www.magnifictraining.com

5. SAP FM ONLINE TRAINING IN HYDERABAD • Application of Funds:- Definition: Grouping criterion for funds master records Use In the application of funds, you determine what the funds made available by a source of funds in a fund may be • Integration:- Funds : Sources of Funds and Applications of Funds www.magnifictraining.com

6. SAP FM ONLINE TRAINING IN INDIA FM Account Assignment Logic UseFor data to be recorded in Funds Management (FM), you must, when posting data in other components, always enter a complete FM account assignment (combination of funds center , commitment item, and, if required, fund)To keep data input work to a minimum, you can create connections between basic data withinFM and between the basic data in FM and the basic data in other applications.In line with these connections, the system can, when you make postings, automatically derive thecomplete FM account assignment from the individual FM account assignment objects. www.magnifictraining.com

7. SAP FM ONLINE TRAINING COURSES • Maintain FM Area: • In this step, you create your financial management (FM) areas. The financial management area is an organizational unit within accounting which structures the business organization from the perspective of Cash Budget Management and Funds Management. • To be able to take advantage of the high degree of integration in the SAP system, you must link the FM areas with organization units from other applications. For example: if you assign a Financial Accounting document to a Funds Management object (such as a commitment item or funds center), the system has to determine an FM area, so that it can record the data in Funds Management. For this reason, you must specify how the appropriate FM area is to be determined. www.magnifictraining.com

8. SAP FM TRAINING online COURSES • Postings:- For posting data from the feeder systems to be recorded in Funds Management, you must always specify a complete Funds Management account assignment (funds center, commitment item, and, if required, fund) in the posting transaction. The connection with basis data keeps manual input work to a minimum. The system derives the FM account assignment from the connection. www.magnifictraining.com

9. SAP FM ONLINE TRAINING • Commitment Items: • Commitment items describe an organization's functional • breakdown structure. •    There are two types of commitment items: • ·       Summarization items (= hierarchy nodes) - You can • assign a budget to a summarization item, but cannot post to them.       • Account assignment items - You can assign budgets and • post to these items. These items represent the lowest level in • the commitment item hierarchy. • A commitment item's master record contains important control parameters: • The financial transaction categorizes business transactions from the feeder Application components (Financial Accounting and Materials Management). www.magnifictraining.com

10. SAP FM ONLINE TRAINING IN CANADA FeaturesMaintaining Master Data• Commitment item hierarchy The recording of posting data from the Funds Management feeder systems is controlledby means of the control parameters in the commitment item master records, as is howthey are displayed in reporting.• Funds center hierarchy• Funds and applications of fundsStatus ManagementBy activating status management, you can control the commercial transactions in FundsManagement for:• Individual combinations of commitment items, funds centers, and funds• Individual objects, such as all commitment items or all funds centers www.magnifictraining.com

11. SAP FM ONLINE TRAINING IN UK • Budget Creation and Maintenance: • Budget Planning • Budget Profile • Creation of Budget • Top –Down and Bottom-Up budget • Budget Release • Budgeting & Availability control • You can manage more than one budget version in Funds Management. •  Active availability control is only available for budget version zero. www.magnifictraining.com

12. SAP FM ONLINE TRAINING IN BANGALORE • Budget Release: • Funds Management includes a release option, which you can use to release the budget bit by bit. • The release is based on the current budget - that is, the original • budget as amended by supplements, returns, and transfers • A release can relate to annual values and/or overall values • Supplements - You assign an additional budget for a funds center or commitment item. • ·   Returns - You use a return to give back surplus funds from one FM account assignment within your hierarchy to superior funds centers and commitment items, that is the distributable value is increased by the amount given back. • The current year budget = Original Budget + Supplements - Returns +/- Transfers. www.magnifictraining.com

13. SAP FM ONLINE TRAINING TUTORIALS You can create an overall budget to cover the whole period in question: you can apportion this to the financial years affected. Budget is used up as postings are made to the fund. Funds reservations and business transactions entered in the feeder systems (such as financial accounting and materials management) also affect the budget. www.magnifictraining.com

14. SAP FM ONLINE TRAINING CERTIFICATION • Fund debtor The source of funds is managed by linking the fund to a debtor master record. • Application of funds You define the application of funds in a master record of its own. It is time-dependent and, therefore, determines how long the fund is valid. www.magnifictraining.com

15. SAP FM ONLINE TRAINING IN INDIA Funds CenterManual input Funds center from referenced document (such as funds commitment) Funds center from commitment item master record Funds center from assignment to CO account assignment Funds center from assignment to profit center FundManual inputFund from referenced document (such as funds commitment)Fund from funds center master recordFunds from assignment to CO account assignmentFund from assignment to profit center www.magnifictraining.com

16. SAP FM TRAINING IN USA • Application of Funds:- Definition: Grouping criterion for funds master records Use In the application of funds, you determine what the funds made available by a source of funds in a fund may be • Integration:- Funds : Sources of Funds and Applications of Funds www.magnifictraining.com

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