How to use FMJB - Budget Year-End Closing: Determine

SAP Transaction Code - Details

• Transaction Code: FMJB

  Description: Budget Year-End Closing: Determine

  Release: S/4HANA and ECC 6

• • Program: RFFMCF25

    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: FMJB - Budget Year-End Closing: Determine

   Differences
  
  Overview: 
  FMJB is an SAP transaction code used to close the budget year and determine any differences between the budget and actual figures. This transaction code is used to ensure that the budget is accurately closed and that any discrepancies are identified and addressed. 
  
  Functionality: 
  FMJB allows users to compare the budgeted figures with the actual figures for a given period. It also allows users to identify any differences between the two sets of figures and take corrective action if necessary. The transaction code also provides users with a detailed report of the differences between the budgeted and actual figures. 
  
  Step-by-step How to Use: 
  1. Enter FMJB in the SAP command field. 
  2. Select the fiscal year for which you want to close the budget. 
  3. Select the company code for which you want to close the budget. 
  4. Select the version of the budget that you want to close. 
  5. Enter the date range for which you want to compare the budgeted and actual figures. 
  6. Select “Execute” to generate a report of any differences between the budgeted and actual figures. 
  7. Review the report and take corrective action if necessary. 
  8. Select “Save” to save your changes and close the budget year. 
  
  Other Recommendations: 
  It is important to ensure that all discrepancies between the budgeted and actual figures are addressed before closing the budget year, as this will ensure that all financial records are accurate and up-to-date. Additionally, it is recommended that users review all reports generated by FMJB before closing the budget year, as this will help ensure that all discrepancies are identified and addressed in a timely manner.