How to use SAFM_BT_EST_CONS - Budget Estimation and Consolidation

SAP Transaction Code - Details

• Transaction Code: SAFM_BT_EST_CONS

  Description: Budget Estimation and Consolidation

  Release: S/4HANA and ECC 6

• • Program: RPSAFM_BT_EST_CONS

    Screen: 1000

    Authorization Object:

  • Development Package: GLO_FM_SA

    Package Description: Developments for Saudi Arabia

    Parent Package: GLO_FM

  • Module/Component: FI-LOC-FM-SA

    Description: Funds Management Saudi Arabia

Smart SAP Assistant

• SAP Tcode: SAFM_BT_EST_CONS - Budget Estimation and Consolidation

  
  Overview: 
  SAFM_BT_EST_CONS is a SAP transaction code used for Budget Estimation and Consolidation. It is part of the SAP Funds Management (FM) module and is used to create budget estimates and consolidate them into a single budget. 
  
  Functionality: 
  This transaction code allows users to create budget estimates for different areas of the organization, such as departments, cost centers, and projects. It also allows users to consolidate multiple budget estimates into a single budget. This helps to ensure that the organization’s budget is accurate and up-to-date. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code SAFM_BT_EST_CONS in the command field. 
  2. Select the “Create Budget Estimate” option from the menu. 
  3. Enter the necessary information, such as the area for which you are creating the budget estimate, the period for which it will be valid, and any other relevant information. 
  4. Once you have entered all of the necessary information, click “Save” to save your budget estimate. 
  5. To consolidate multiple budget estimates into a single budget, select the “Consolidate Budget Estimates” option from the menu. 
  6. Select the budget estimates that you want to consolidate and click “Consolidate” to create a consolidated budget estimate. 
  7. Once you have created your consolidated budget estimate, click “Save” to save it. 
  
  Other Recommendations: 
  It is important to regularly review and update your budget estimates in order to ensure that they are accurate and up-to-date. Additionally, it is recommended that you use this transaction code in conjunction with other SAP FM modules, such as Funds Management (FM) and Funds Commitment (FC). This will help ensure that your organization’s budget is managed effectively and efficiently.