How to use OFCA - FM: Budget Calculation

SAP Transaction Code - Details

• Transaction Code: OFCA

  Description: FM: Budget Calculation

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    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: OFCA - FM: Budget Calculation

  
  Overview:
  The SAP transaction code OFCA - FM Budget Calculation is used to calculate the budget for a particular financial year. It is used to create a budget plan and to monitor the budget throughout the year. 
  
  Functionality: 
  This transaction code allows users to create a budget plan for a particular financial year. It also allows users to monitor the budget throughout the year and make adjustments as needed. The budget calculation can be done for both internal and external sources of funds. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OFCA - FM Budget Calculation in the command field. 
  2. Enter the financial year for which you want to calculate the budget. 
  3. Enter the source of funds (internal or external). 
  4. Enter the amount of funds available for the budget calculation. 
  5. Enter the details of the budget items such as expenses, income, etc. 
  6. Calculate the budget by clicking on “Calculate” button. 
  7. Review and adjust the budget as needed. 
  8. Save the budget plan by clicking on “Save” button. 
  
  Other Recommendations: 
  It is recommended that users review and adjust their budget plans regularly to ensure that they are on track with their financial goals for the year. Additionally, users should also keep track of any changes in their financial situation that may affect their budget plans and make adjustments accordingly.