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SAP FM ONLINE TRAINING IN SOUTH AFRICA

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www.magnifictraining.com - "SAP FUNDS MANAGMENT" Online Training contact us:info@magnifictraining.com or +919052666559 By Real Time Experts from Hyderabad, Bangalore,India,USA,Canada,UK, Australia,South Africa. – PowerPoint PPT presentation

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Title: 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.

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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
  • Fund Manual input Fund from referenced document
    (such as funds commitment) Fund from funds center
    master record Funds from assignment to CO account
    assignment Fund from assignment to profit center

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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
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