What is requested overconsumption in SAP CRM-FM - Funds Management?

SAP Term: requested overconsumption

• Component: CRM-FM

• Component Name: Funds Management

• Description: A value category that represents the extra amount that has been claimed for all the fund usages in the fund.

Smart SAP Assistant

• Key Concepts: 
  Requested overconsumption is a feature of SAP Funds Management (FM) in the Customer Relationship Management (CRM) module. It allows users to request an overconsumption of funds, which is a request for additional funds beyond the amount that has been allocated. This feature is useful when there is an unexpected need for additional funds or when the budget has been exceeded. 
  
  How to use it: 
  To use requested overconsumption, users must first create a request for additional funds. This can be done by entering the amount of funds requested and providing a justification for the request. Once the request is submitted, it will be reviewed by the appropriate personnel and either approved or denied. If approved, the requested funds will be added to the budget and can be used as needed. 
  
  Tips & Tricks: 
  When requesting additional funds, it is important to provide a detailed justification for why the funds are needed. This will help ensure that the request is approved quickly and without any delays. Additionally, it is important to keep track of all requests and their status so that any changes or updates can be made quickly and easily. 
  
  Related Information: 
  Requested overconsumption is just one of many features available in SAP Funds Management (FM). Other features include budgeting, forecasting, and reporting. Additionally, there are various tools available to help users manage their budgets more effectively, such as budget templates and budgeting software.