What is 'cover eligibility rule' in SAP PSM-FM-BCS - Budget Control System?

cover eligibility rule - Overview

• Component: PSM-FM-BCS

• Component Name: Budget Control System

• Description: The definition of how the FM account assignments in cover groups receive or send budget, and whether this occurs manually or automatically. The corresponding budget addresses are derived using the FM derivation tool in the Implementation Guide.

cover eligibility rule - Details

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  Key Concepts: 
  Cover eligibility rule is a feature of the Budget Control System (BCS) component of SAP. It is used to define the criteria for which a budget can be used to cover a certain expense. This rule helps to ensure that the budget is used in an efficient and effective manner. 
  
  How to use it: 
  The cover eligibility rule is set up in the BCS configuration. The user can define the criteria for which a budget can be used to cover an expense. This includes specifying the type of expense, the amount of budget available, and any other conditions that must be met in order for the budget to be used. 
  
  Tips & Tricks: 
  When setting up the cover eligibility rule, it is important to consider all possible scenarios that could arise when using the budget. This will help ensure that the budget is used in an efficient and effective manner. Additionally, it is important to review and update the rule periodically to ensure that it remains relevant and up-to-date. 
  
  Related Information: 
  For more information on setting up and using cover eligibility rules in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature of SAP.