How to use FMRP_RFFMAV01X - Annual Budget

SAP Transaction Code - Details

• Transaction Code: FMRP_RFFMAV01X

  Description: Annual Budget

  Release: S/4HANA and ECC 6

• • Program: RFFMAV01X

    Screen: 1000

    Authorization Object:

  • Development Package: FMRP

    Package Description: TR-FM: Information system

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM-IS

    Description: Information system

Smart SAP Assistant

• SAP Tcode: FMRP_RFFMAV01X - Annual Budget

   Planning
  
  Overview: 
  FMRP_RFFMAV01X is an SAP transaction code used for Annual Budget Planning. It is part of the Financial Management (FI) module and is used to create a budget plan for a fiscal year. 
  
  Functionality: 
  This transaction code allows users to create a budget plan for a fiscal year. It enables users to enter budget values for different cost elements and cost centers, and to compare the budgeted values with actual values. The budget plan can be used to monitor and control spending, as well as to analyze variances between the budgeted and actual values. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FMRP_RFFMAV01X in the command field. 
  2. Select the fiscal year for which you want to create a budget plan. 
  3. Enter the cost elements and cost centers for which you want to create a budget plan. 
  4. Enter the budgeted values for each cost element and cost center. 
  5. Save the budget plan. 
  6. Compare the budgeted values with actual values to analyze variances. 
  
  Other Recommendations: 
  It is recommended that users review their budget plans regularly to ensure that they are up-to-date and accurate. Additionally, users should use this transaction code in conjunction with other SAP transaction codes related to financial management, such as FMRP_RFFMEP01X (Cost Element Planning) and FMRP_RFFMEP02X (Cost Center Planning).