How to use FMZ1 - Create Funds Commitment

SAP Transaction Code - Details

• Transaction Code: FMZ1

  Description: Create Funds Commitment

  Release: S/4HANA and ECC 6

  Menu Path:

  • Logistics > Project System > Financials > Actual Postings > Funds Commitment > Create
  • Accounting > Controlling > Cost Center Accounting > Actual Postings > Funds Commitment > Create
  • Accounting > Controlling > Internal Orders > Actual Postings > Funds Commitment > Create
  • Accounting > Investment Management > Internal Orders > Actual Postings > Funds Commitment > Create
  • Accounting > Investment Management > Investment Projects > Actual Postings > Funds Commitment > Create
  • Accounting > Project System > Financials > Actual Postings > Funds Commitment > Create

• • Program: SAPLFMFR

    Screen: 500

    Authorization Object:

  • Development Package: FMRE

    Package Description: Earmarked funds

    Parent Package: APPL

  • Module/Component: FI-FM

    Description: Funds Management

Smart SAP Assistant

• SAP Tcode: FMZ1 - Create Funds Commitment

  
  Overview:
  The SAP transaction code FMZ1 is used to create funds commitments in the Funds Management module of the SAP system. It is used to reserve funds for a specific purpose, such as a project or an investment. This ensures that the funds are available when needed and that the budget is not exceeded. 
  
  Functionality: 
  The FMZ1 transaction code allows users to create a commitment for a specific amount of funds. This commitment is then stored in the Funds Management module and can be used to track the budget for a particular project or investment. The commitment can also be used to ensure that the budget is not exceeded. 
  
  Step-by-step How to Use: 
  To use the FMZ1 transaction code, users must first enter the amount of funds they wish to commit. They must then enter the account assignment category and the account assignment object. Finally, they must enter the commitment item and save the commitment. 
  
  Other Recommendations: 
  When using the FMZ1 transaction code, it is important to ensure that all of the information entered is accurate and up-to-date. This will help ensure that the budget is not exceeded and that all commitments are tracked properly. Additionally, it is important to review all commitments regularly to ensure that they are still valid and up-to-date.