How to use OF21 - FM: Budget Versions

SAP Transaction Code - Details

• Transaction Code: OF21

  Description: FM: Budget Versions

  Release: S/4HANA and ECC 6

• • Program: ROOBP100

    Screen: 1000

    Authorization Object:

  • Development Package: KABP_ADDON

    Package Description: Budgeting Funds Management/Cost Accounting (FM Add-On)

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM-BU

    Description: Budgeting and Availability Control

Smart SAP Assistant

• SAP Tcode: OF21 - FM: Budget Versions

  
  Overview:
  The SAP transaction code OF21 is used to manage budget versions in the Financial Management (FM) module. It allows users to create, change, and display budget versions. This transaction code is used to manage the budgeting process in an organization. 
  
  Functionality: 
  The OF21 transaction code enables users to create, change, and display budget versions. It also allows users to define the budgeting process for an organization. This includes setting up the budgeting period, defining the budgeting structure, and setting up the budgeting rules. Additionally, it allows users to assign budget versions to different cost centers and organizational units. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OF21 in the command field. 
  2. Select “Create” from the menu bar. 
  3. Enter a name for the budget version and select “Create” again. 
  4. Enter the details of the budget version such as the period, structure, and rules. 
  5. Select “Save” to save the changes made to the budget version. 
  6. Select “Display” from the menu bar to view the details of the budget version. 
  7. Select “Change” from the menu bar to make changes to the budget version if needed. 
  8. Select “Save” again to save any changes made to the budget version. 
  
  Other Recommendations: 
  It is recommended that users familiarize themselves with all of the features of this transaction code before using it in order to ensure that they are able to use it effectively and efficiently. Additionally, users should ensure that they have all of the necessary information before creating or changing a budget version in order to avoid any errors or mistakes in their work.