What is planned budget in SAP (IS-R - SAP for Retail)?

SAP Term: planned budget

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Total budget originally planned for an application OTB or PPW. Open-to-Buy OTB Price Planning Workbench PPW

Smart SAP Assistant

• Key Concepts: 
  Planned budget is a feature of the IS-R SAP for Retail system that allows users to create a budget plan for their retail business. This plan includes the expected costs and revenues for the upcoming period, as well as any other financial information that may be relevant. The planned budget can then be used to compare actual results against the plan and make adjustments as needed. 
  
  How to use it: 
  To use the planned budget feature, users must first enter their expected costs and revenues into the system. This can be done manually or by importing data from other sources. Once the data is entered, users can then create a budget plan that outlines their expected costs and revenues for the upcoming period. The system will then generate a report that compares actual results against the plan and allows users to make adjustments as needed. 
  
  Tips & Tricks: 
  When creating a planned budget, it is important to be as accurate as possible when entering data into the system. This will ensure that the budget plan is accurate and up-to-date. Additionally, it is important to review the report generated by the system regularly in order to ensure that actual results are in line with expectations. 
  
  Related Information: 
  For more information on using the planned budget feature of IS-R SAP for Retail, please refer to the official documentation provided by SAP. Additionally, there are many online resources available that provide tips and tricks for using this feature effectively.