How to use FMJA - Budget Year-End Closing: Prepare

SAP Transaction Code - Details

• Transaction Code: FMJA

  Description: Budget Year-End Closing: Prepare

  Release: S/4HANA and ECC 6

• • Program: BPINDX05

    Screen: 1000

    Authorization Object:

  • Development Package: FMBS_ADDON

    Package Description: FIFM: Basis (Add-On Objects)

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM

    Description: Funds Management

Smart SAP Assistant

• SAP Tcode: FMJA - Budget Year-End Closing: Prepare

   Commitment Items
  
  Overview:
  The SAP transaction code FMJA is used to prepare commitment items for budget year-end closing. This transaction code is used to ensure that all budget commitments are properly accounted for and closed out at the end of the fiscal year. 
  
  Functionality: 
  The FMJA transaction code allows users to review and adjust budget commitments, as well as to create new commitments. It also allows users to view the status of existing commitments and to close out any commitments that are no longer needed. Additionally, it provides a way to transfer budget commitments from one fiscal year to another. 
  
  Step-by-step How to Use: 
  1. Enter the FMJA transaction code in the SAP system. 
  2. Select the budget year you wish to close out. 
  3. Review and adjust any existing budget commitments as needed. 
  4. Create new budget commitments if necessary. 
  5. View the status of existing commitments and close out any that are no longer needed. 
  6. Transfer any remaining budget commitments from one fiscal year to another if desired. 
  7. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to ensure that all budget commitments are properly accounted for and closed out at the end of the fiscal year in order to maintain accurate financial records. Additionally, it is recommended that users review their budget commitments regularly throughout the year in order to ensure that they are up-to-date and accurate.