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KNOWLEDGE CENTRE

Analysis of your Funds Center account taking too much time? Wish you had a quick way to compare your actual spend to your budget for specific expense categories?

The Funding: FC or Fund report (ZFM1) for Fund Center reporting will help you with those issues. This report provides detailed budget to actual variance analysis and meaningful Commitment Item (CI) reporting for Funds Centers (i.e. no change to FC/Fund reporting).

Report Features:

  • Funding: Funds Center or Fund Report (ZFM1), when run for a Funds Center (i.e. no FUND) generates a report output similar to the report output for the FUNDS CENTER REPORT (ZFTR111) and contains all of the additional functionality (i.e. drill down on budget columns)
  • Funds Centers with “Original Budget” funding (i.e. not PI Funds Centers) will have the ‘version 0’ budget (Current Budget) loaded on the same detailed Commitment Item (CI) as the ‘version 1’ budget (Original Budget)
    • Facilitates detailed budget to actual variance analysis, and has no impact on the Funds Availability Checking rules
  • New CIs have been created to facilitate better budget to actual variance analysis (see new “TRAVEL” commitment items).

 


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