SAP FM ONLINE TRAINING IN SOUTH AFRICA

1
SAP FM( FUNDS MANAGMENT ) ONLINE TRAINING

• Online classroom Corporate
• Training certifications placements support

CONTACT US MAGNIFIC TRAINING
INDIA 91-9052666559 USA
1-678-693-3475 info_at_magnifictraining.com
www.magnifictraining.com
2
SAP FUNDS MANAGEMENT TRAINING CLASSES

• Highlights in our training service
• Every faculty has Real Time Experience. Trained
  Resources placed in countries like Australia,
  USA, UK, JAPAN, SWEDEN,PUNE etc.
• We are providing best online training on SAP
  FM(FUNDS MANAGEMENT)we offer investment options
  to our students, if necessary.
• Any critical issues faced by resource resolved
  using Team viewer, WebEx . Supporting the
  resource with Top 100 Interview Questions

3
SAP FUNDS MANAGEMENT ONLINE TRAINING

• . course overview
• The tasks of Funds Management are to budget all
  revenues and expenditures for individual
  responsibility areas, monitor future funds
  movements in light of the budget available, and
  prevent budget overruns.
• You can adapt the budget to changes in conditions
  by entering releases, supplements, returns, and
  transfers
• you create your financial management (FM) areas.
  The financial management area is an
  organizational unit within accounting which
  structures the business organization from the
  perspective of Funds Management

4
SAP FM ONLINE TRAINING INDIA

• Sap (FI) Funds Management online training
• Definition-
• Funds balance provided for a specific purpose by
  a sponsor and managed separately
• Use-
• Funds are used to represent funds from secondary
  sources. They represent funds which are
• limited as to time available or function, which
  have been made available to cover specific
  expenditures

5
SAP FM ONLINE TRAINING IN HYDERABAD

• Budget Creation and Maintenance
• Budget Planning
• Budget Profile
• Creation of Budget
• Top Down and Bottom-Up budget
• Budget Release
• Budgeting Availability control
• You can manage more than one budget version in
  Funds Management.
• Availability control can be activated \
  inactivated for a particular year

6
SAP FM ONLINE TRAINING IN INDIA

• In the system, a funds represents the whole
  organizational and functional structure of your
  organization (funds center and commitment item
  hierarchy). You can use a Budget Structure to
  confine this structure to particular
  responsibility areas (funds centers) and
  expenditure categories (commitment items).
• You thus determine which responsibility area
  receives the promised funds, which have usually
  come from a particular source to cover a
  particular project and can only be disbursed on
  particular types of expenditure

7
SAP FM ONLINE TRAINING COURSES

• Maintain FM Area
• In this step, you create your financial
  management (FM) areas. The financial management
  area is an organizational unit within accounting
  which structures the business organization from
  the perspective of Cash Budget Management and
  Funds Management.
• You define the functional characteristics of FM
  areas separately for both Cash Budget Management
  and Funds Management in the implementation guide
  for each of these areas.
• To be able to take advantage of the high degree
  of integration in the SAP system, you must link
  the FM areas with organization units from other
  applications. For example if you assign a
  Financial Accounting document to a Funds
  Management object (such as a commitment item or
  funds center), the system has to determine an FM
  area, so that it can record the data in Funds
  Management. For this reason, you must specify
  how the appropriate FM area is to be determined.

8
SAP FM ONLINE TRAINING COURSES

• Postings-
• For posting data from the feeder systems to be
  recorded in Funds Management, you must
• always specify a complete Funds Management
  account assignment (funds center, commitment
• item, and, if required, fund) in the posting
  transaction. The connection with basis data keeps
• manual input work to a minimum. The system
  derives the FM account assignment from the
• connection.

www.magnifictraining.com
9
SAP FM ONLINE TRAINING

• Commitment Items
• Commitment items describe an organization's
  functional
• breakdown structure.
•    There are two types of commitment items
•        Summarization items ( hierarchy nodes)
  - You can
• assign a budget to a summarization item,
  but cannot post to them.      
• Account assignment items - You can
  assign budgets and
• post to these items. These items represent
  the lowest level in
• the commitment item hierarchy.
• A commitment item's master record
  contains important control parameters
• The financial transaction categorizes
  business transactions from the feeder
  Application components (Financial Accounting and
  Materials Management).

10
SAP FM ONLINE TRAINING IN CANADA

• Master Data
• In Master Data, Assignments in R/3, FM
  assignments can be allocated to the follow CO
  account assignments.
•        Cost elements
•        Cost centers
•        Orders
•        WBS elements
• Postings in Funds Management
• When making a posting, the system looks for the
  FM account
• assignment in the following sequence
• 1. Enter funds reservation or purchase
  order reference 2. Manual entry 3.
  Commitment item from G/L account/funds center
  from
• commitment item master record

11
SAP FM ONLINE TRAINING IN UK

• Budget Creation and Maintenance
• Budget Planning
• Budget Profile
• Creation of Budget
• Top Down and Bottom-Up budget
• Budget Release
• Budgeting Availability control
• You can manage more than one budget version in
  Funds Management.
•  Active availability control is only available
  for budget version zero.

12
SAP FM ONLINE TRAINING IN BANGALORE

• Budget Release
• Funds Management includes a release option, which
  you can use to release the budget bit by bit.
• The release is based on the current budget - that
  is, the original
• budget as amended by supplements, returns, and
  transfers
• A release can relate to annual values and/or
  overall values
• Supplements - You assign an additional budget
  for a funds center or commitment item.
•    Returns - You use a return to give back
  surplus funds from one FM account assignment
  within your hierarchy to superior funds centers
  and commitment items, that is the distributable
  value is increased by the amount given back.
•    The current year budget Original Budget
  Supplements - Returns /- Transfers.

13
SAP FM ONLINE TRAINING TUTORIALS

• You can create an overall budget to cover the
  whole period in question you can apportion this
  to
• the financial years affected. Budget is used up
  as postings are made to the fund. Funds
• reservations and business transactions entered in
  the feeder systems (such as financial
• accounting and materials management) also affect
  the budget.

14
SAP FM ONLINE TRAINING CERTIFICATION

• Fund debtor
• The source of funds is managed by linking
  the fund to a debtor master record.
• Application of funds
• You define the application of funds in a
  master record of its own. It is time-dependent
• and, therefore, determines how long the fund
  is valid.

15
SAP FM ONLINE TRAINING IN INDIA

• Funds Center Manual input Funds center from
  referenced document (such as funds commitment)
  Funds center from commitment item master record
  Funds center from assignment to CO account
  assignment Funds center from assignment to
  profit center
• FundManual inputFund from referenced document
  (such as funds commitment)Fund from funds center
  master recordFunds from assignment to CO account
  assignmentFund from assignment to profit center

www.magnifictraining.com
16
SAP FM TRAINING IN USA

• Application of Funds-
• Definition
• Grouping criterion for funds master records
• Use
• In the application of funds, you determine what
  the funds made available by a source of funds in
• a fund may be
• Integration-
• Funds
• Sources of Funds and Applications of Funds

17
Customer Relationship Management

• Contact Us
• For more details, please log on to
• www. MAGNIFICTRAINING.COM
• Most Trusted Website for all Learning Needs by
  Students, Graduates and Working Professionals
• You can also Find us on

18
Thank You
http//www.magnifictraining.com