What is budget carryforward in investment program in SAP IM - Investment Management?

SAP Term: budget carryforward in investment program

• Component: IM

• Component Name: Investment Management

• Description: The transfer of unused budget within an investment program in one approval year to the budget of the following fiscal year within that same investment program.

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• Key Concepts: 
  Budget Carryforward in Investment Program is a feature of SAP Investment Management (IM) that allows users to carry forward budget amounts from one period to the next. This feature helps users to plan and manage their investments more effectively by allowing them to allocate budget amounts for future periods. 
  
  How to use it: 
  To use the Budget Carryforward in Investment Program feature, users must first define the budget plan for the investment program. This includes setting up the budget plan type, budget plan version, and budget plan items. Once the budget plan is set up, users can then carry forward the budget amounts from one period to the next. This can be done manually or automatically using the Carry Forward Budget function. 
  
  Tips & Tricks: 
  When carrying forward budget amounts, it is important to ensure that all relevant data is included in the carry forward process. This includes any changes made to the budget plan items during the current period, as well as any new budget items that have been added. Additionally, users should also ensure that all relevant cost elements are included in the carry forward process. 
  
  Related Information: 
  For more information on Budget Carryforward in Investment Program, please refer to SAP Help documentation or contact your local SAP support team. Additionally, there are several online resources available that provide detailed information on how to use this feature.