How to use FMCYINIT - Initialize budget data

SAP Transaction Code - Details

• Transaction Code: FMCYINIT

  Description: Initialize budget data

  Release: S/4HANA and ECC 6

• • Program: RFFMCY_LOAD_INIT

    Screen: 1000

    Authorization Object:

  • Development Package: FMBPA_E

    Package Description: New budgeting: FM application part

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM-BCS-BU

    Description: Budgeting

Smart SAP Assistant

• SAP Tcode: FMCYINIT - Initialize budget data

  
  Overview: 
  FMCYINIT is a SAP transaction code used to initialize budget data. It is used to set up the budget data for a company code in the system. This transaction code is part of the Financial Accounting (FI) module and is available within the standard SAP ERP system. 
  
  Functionality: 
  FMCYINIT allows users to set up budget data for a company code in the system. This includes setting up the budget data for the company code, such as budget versions, budget categories, and budget periods. The transaction code also allows users to define the budget control parameters, such as budget control type, budget control area, and budget control currency. 
  
  Step-by-step How to Use: 
  1. Enter transaction code FMCYINIT in the command field. 
  2. Enter the company code for which you want to set up the budget data. 
  3. Select the budget version that you want to use for this company code. 
  4. Select the budget categories that you want to use for this company code. 
  5. Select the budget periods that you want to use for this company code. 
  6. Define the budget control parameters, such as budget control type, budget control area, and budget control currency. 
  7. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is recommended that users familiarize themselves with all of the available options in FMCYINIT before using it in order to ensure that they are setting up their budgets correctly and efficiently. Additionally, users should ensure that they have all of the necessary information before beginning, such as company codes, budget versions, and budget categories.