What is budget apportionment in SAP PSM-FM-BCS - Budget Control System?

SAP Term: budget apportionment

• Component: PSM-FM-BCS

• Component Name: Budget Control System

• Description: An appropriation distributed according to the relevant budget hierarchy.

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• Key Concepts: 
  Budget apportionment is a process in the SAP Budget Control System (PSM-FM-BCS) that allows users to divide a budget into smaller parts and assign them to different cost centers or other organizational units. This process helps to ensure that the budget is allocated in an equitable and efficient manner. 
  
  How to use it: 
  In order to use budget apportionment, users must first define the budget and its parameters. This includes setting the total amount of the budget, the period of time it will cover, and any restrictions or conditions that must be met. Once this is done, users can then divide the budget into smaller parts and assign them to different cost centers or other organizational units. 
  
  Tips & Tricks: 
  When using budget apportionment, it is important to ensure that all of the parameters are set correctly. This includes setting the total amount of the budget, the period of time it will cover, and any restrictions or conditions that must be met. Additionally, it is important to ensure that all of the parts of the budget are allocated in an equitable and efficient manner. 
  
  Related Information: 
  For more information on budget apportionment in SAP Budget Control System (PSM-FM-BCS), please refer to SAP Help documentation or contact your local SAP support team.