What is available amount in SAP PSM-FM-BCS - Budget Control System?

SAP Term: available amount

• Component: PSM-FM-BCS

• Component Name: Budget Control System

• Description: The difference between the consumable amount and consumed amount.

Smart SAP Assistant

• Key Concepts: 
  Available amount is a term used in the Budget Control System (BCS) component of SAP’s Project System Management (PSM) module. It is the amount of funds that are available for a particular budget item or cost element. This amount is calculated by subtracting the total committed costs from the total budgeted amount. 
  
  How to use it: 
  The available amount can be used to determine how much money is left for a particular budget item or cost element. This information can be used to make decisions about how to allocate funds and manage budgets. It can also be used to track spending and ensure that budgets are not exceeded. 
  
  Tips & Tricks: 
  It is important to keep track of the available amount for each budget item or cost element in order to ensure that budgets are not exceeded. It is also important to monitor the available amount on a regular basis in order to ensure that funds are being allocated appropriately. 
  
  Related Information: 
  The available amount is related to other terms such as committed costs, budgeted amount, and actual costs. It is important to understand how these terms are related in order to effectively manage budgets and allocate funds.