What is SAP Funds Management?

  • The tasks of Funds Management are to budget all revenue expenditures for individual responsibility areas, monitor future funds movements in light of the budget available, and prevent budget overruns.
  • SAP Funds Management enables us to keep a precise check on:
    • The revenue expenditures
    • Budget, with the following questions in mind:
      • What funds will the responsibility areas receive?
      • What are the funds used for? (Use of funds)
      • The financial equilibrium of business, by comparing commitment and actual values with the current budget.
  • SAP Funds management is tightly integrated with other components of SAP such as:
    • Finance & Controlling: All expenditure booking updated in FM
    • Material management: All PR, PO, GR and IV updated in FM

For further details and an in-depth guide, please download the PDF given below.

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  1. Preliminary study of the existing business process in terms of functional and technical aspects is required for preparation of “Preliminary Study Report”(PSR)
  2. Depending on the PSR following factors would be derived and documented as a part of “Final Study Report” (FSR).
    • Feasibility of solution.
    • Key performance indicators.
    • Effort estimations & timelines.
    • Broad solution approach document
  3. Depending on the broad solution approach document the agreed solution will be implemented by following the regular process of implementation ( i.e. blueprinting of requirement, realization & testing of solution in test system, final preparation for production system and GO Live in production system)
  4. Measurement of performance w.r.t. agreed KPIs as a part of “Business Value Realization Report” (BVRR)

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