How to use FMYC_CFBCOM - Closing Operations: Cmmt Budget (CB)

SAP Transaction Code - Details

• Transaction Code: FMYC_CFBCOM

  Description: Closing Operations: Cmmt Budget (CB)

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    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: FMYC_CFBCOM - Closing Operations: Cmmt Budget (CB)

  
  Overview:
  FMYC_CFBCOM is a transaction code used in SAP to close operations related to the commitment budget (CB). This transaction code is used to close the budget for a particular period and to transfer the budget from one period to another. 
  
  Functionality: 
  The FMYC_CFBCOM transaction code allows users to close the budget for a particular period and transfer the budget from one period to another. It also allows users to view the budget balance for a particular period and compare it with the actual balance. Additionally, it enables users to view the budget balance for a particular period and compare it with the actual balance. 
  
  Step-by-step How to Use: 
  1. Enter the FMYC_CFBCOM transaction code in the command field. 
  2. Select the fiscal year and period for which you want to close the budget. 
  3. Enter the amount of budget that needs to be transferred from one period to another. 
  4. Click on “Execute” button to close the budget and transfer it from one period to another. 
  5. Review the budget balance for a particular period and compare it with the actual balance. 
  6. Click on “Save” button to save your changes. 
  
  Other Recommendations: 
  It is recommended that users should always review their budget balances before closing operations using this transaction code, as any discrepancies between the actual and expected balances can lead to incorrect results. Additionally, users should always ensure that they have sufficient authorization before using this transaction code, as unauthorized use can lead to data security issues.