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Centralized Budget Preparation with Budget Control System Overview

Centralized Budget Preparation with Budget Control System Overview. SAP Best Practices for Public Sector US V1.603. Purpose Budget Control System (BCS) can be implemented with various budgeting processes depending on organizational needs; two tools are available to support these scenarios.

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Centralized Budget Preparation with Budget Control System Overview

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  1. Centralized Budget Preparation with Budget Control System Overview SAP Best Practices for Public Sector US V1.603

  2. Purpose Budget Control System (BCS) can be implemented with various budgeting processes depending on organizational needs; two tools are available to support these scenarios. Planning processor which can be integrated with the SAP GUI or MS Excel. Budgeting workbench which has more functions that are related to the approval process and document storage. With centralized budgeting, the budgeting process in your organization is initiated and completely managed by the budgeting department, who is the owner of this process. Although the budgeting department is the owner of the process, many different actors are involved to come to the final approved budget. These actors can be people from the different other departments, each approving their budget or people within the hierarchy that have to give the final approvals before having the operational budget. There are various options for centrally preparing the budget. We can use the budget planner without the interface with Excel, we can use the budget workbench with workflow if there is a need for an approval procedure in your organization, we can use the budget workbench without the workflow as well. By making use of several budget versions, the organization can flexibly report on the different budget preparation statuses. Benefits Flexible tools for centralized and decentralized budgeting procedures Scenario Overview – 1 Purpose and Benefits:

  3. Required EhP3 for SAP ECC 6.0 Funds Management (PSM-FM) Organization roles involved in process flows Budget Clerk Budget Officer/Manager Scenario Overview – 2 SAP Applications Required:

  4. Key process flows covered Centralized Budget Preparation with the Budget Planner (no interface with Excel). Set Planner Profile Change plan data Create budget data out of the planning data Centralized Budget Preparation using the Budget Workbench without Workflow Create Budget within the Budget Workbench on a non-operative Version Copy the non operative version to the operative version Scenario Overview – 3 Detailed Process Description:

  5. Central Budget Preparation with Budget Control System

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