Customized Project Budgeting in SAP Business ByDesign

Requirement:

Customers needs the ability to specify a budget amount at the project level.

When expenses are posted to a project, the system should validate this expense against the project budget amount

If this expense will cause the total incurred expense for the project to exceed the budgeted amount, the system should stop the transaction from being posted and issue an error message or trigger a mail.

Project Budgeting

Solution:

Build the capability to specify a budget amount at the project level as well as the ability to upload this data from MS Excel. Only an overall budget amount can be specified at the project level

Design:

Budget validation will be provided for the following transactions

• Purchase Order

• Supplier Invoice

• Expense Report

• Journal Entry Voucher

Business Benefits:

• Hassle free Cloud Solution.
• Custom reports to track every Project based on Budget.

Conclusion:

The Solution which describes the Budgeting at Project Level in SAP Business ByDesign

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