What is availability control object in SAP PSM-FM-BCS - Budget Control System?

SAP Term: availability control object

• Component: PSM-FM-BCS

• Component Name: Budget Control System

• Description: Account assignment in an AVC ledger on which the check of the entire consumable budget is carried out against consumed amounts.

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• Key Concepts: 
  Availability control object is a component of the Budget Control System (BCS) in SAP. It is used to define the budget limits for a particular cost element or cost center. It also helps to monitor and control the budget availability of a particular cost element or cost center. 
  
  How to use it: 
  To use the availability control object, you must first create an availability control group. This group will contain all the cost elements or cost centers that you want to monitor and control. Once the group is created, you can assign an availability control object to each cost element or cost center in the group. The availability control object will define the budget limits for each cost element or cost center. 
  
  Tips & Tricks: 
  When creating an availability control object, it is important to ensure that the budget limits are realistic and achievable. This will help to ensure that the budget is not exceeded and that all costs are properly monitored and controlled. 
  
  Related Information: 
  For more information on availability control objects, please refer to SAP Help documentation on Budget Control System (BCS).