How to use FMJC - Budget Year-End Closing: Carry Fwd

SAP Transaction Code - Details

• Transaction Code: FMJC

  Description: Budget Year-End Closing: Carry Fwd

  Release: S/4HANA and ECC 6

• • Program: RFFMCF30

    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: FMJC - Budget Year-End Closing: Carry Fwd

  
  Overview:
  FMJC is an SAP transaction code used to close the budget year and carry forward the budget to the next year. This transaction code is used to ensure that the budget is properly closed and that the budget for the next year is accurately set. 
  
  Functionality: 
  FMJC allows users to close the budget year and carry forward the budget to the next year. This transaction code ensures that all budget data is properly closed and that the budget for the next year is accurately set. It also allows users to view and edit budget data, as well as create new budgets for the upcoming year. 
  
  Step-by-step How to Use: 
  1. Enter FMJC in the SAP command field. 
  2. Select “Close Budget Year” from the menu. 
  3. Enter the current fiscal year in the “Fiscal Year” field. 
  4. Select “Carry Forward” from the menu. 
  5. Enter the new fiscal year in the “Fiscal Year” field. 
  6. Select “Execute” to save your changes and close the budget year. 
  7. Select “Save” to save your changes and carry forward the budget to the next year. 
  
  Other Recommendations: 
  It is important to ensure that all budget data is properly closed before carrying forward a budget to a new fiscal year. Additionally, it is recommended that users review their budgets before carrying them forward, as this will help ensure accuracy and prevent any potential errors or discrepancies in future budgets.