What is available budget in SAP PA-PM - Budget Management?

SAP Term: available budget

• Component: PA-PM

• Component Name: Budget Management

• Description: The budget of a budget structure element that can be used for financing persons and positions.

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• Key Concepts: 
  Available budget is a term used in SAP's PA-PM Budget Management component. It refers to the amount of money that is available for a particular project or activity. This amount is determined by subtracting the total amount of money already spent from the total budget allocated for the project or activity. 
  
  How to use it: 
  The available budget can be used to track the progress of a project or activity. It can also be used to determine if additional funds are needed to complete the project or activity. The available budget can be accessed in SAP's PA-PM Budget Management component by selecting the “Available Budget” option from the menu. 
  
  Tips & Tricks: 
  It is important to regularly monitor the available budget to ensure that it is sufficient for the project or activity. If additional funds are needed, it is important to request them in a timely manner to avoid delays in completing the project or activity. 
  
  Related Information: 
  For more information on SAP's PA-PM Budget Management component, please refer to SAP's official documentation at https://help.sap.com/viewer/product/SAP_ERP_FINANCIALS/6.0/en-US.