the name of the fund and its beginning and ending dates. Is
a part of the fund master record. (FM)
budget scenarios by which budgeted and actual data can be
at which a company will generate balance sheets and income
grouping of likeG/L accounts. Commitment items are used to
store and maintain budgets Example: postage. (FM Module)
which are purchased and then consumed by a grant as opposed
to being stocked in stores. (MM)
revenue billed for the grant.
of business transaction.
that distinguishes the business transactions to be posted.
The document type determines where the document is stored
as well as the account types to be posted. See document types
and number ranges.
allows a user to click on lines in summary reports and "drill-Down"
to the details that constitute the summary line item. A user
can drill down all the way to a detail document supporting
a line item in a report.
source of funds. The fund identifies the sponsor and with
the application of funds, allows for inception to date reporting
and overall budgeting. (FM)
funds center represents the number assigned to a grant. (FM
Module includes budgeting, encumbrance accounting, grant accounting,
and departmental reporting.
expense and other "accounts" . Object codes and
balance sheet accounts are structured in the general ledger.
entries are posted directly to the FI Module, and indirectly
to the Controlling and Funds Management modules in SAP.
Invoices Purchase orders
vendor invoices connected with purchase orders can be posted
through the Purchasing module in SAP and verified on-line.
Invoices Payable Accounting
Invoices without purchase orders can be posted through the
Accounts Payable module and verified on-line.
receipt of cash while reducing Accounts Receivable from customer.
for each stock material or repetitively ordered items. Material
masters contain information defining various attributes of
the item. (MM)
module includes Procurement, Inventory management and Warehousing.
way in which materials move into and out of the warehouse
(e.g. goods receipt, goods issue). (MM)
Items and Commitments
SAP, commitments are created when a commitment document (requisition,
purchase order, manual reservations, etc.) is created. Commitments
are reduced from budgets in Funds Management. (FM Module)
two-digit numeric key that controls the entry ofdocument line
items. It specifies the following for example:
posting or credit posting
of entry screens
represent a specific buyer or group of buyers.
to our current vendor table but with much more data/information.