The functional area maps the functional structure (such as public safety, town planning and so on), especially the expenditures of an organization (FM area). It describes how the funds are used.
Use
You can also use this functional grouping, if the organizational grouping (FM area), functional grouping (commitment item) or sponsor (fund) is insufficient, for example, in order to meet the legal requirements for reporting from a functional viewpoint.
Provided you have maintained the corresponding settings in Customizing, you can use the function subdividing master data to subdivide the naming of individual elements of your functional area into comprehensive sections. When calling the transaction for processing the functional area, you are requested to specify a subdivision ID. You can then enter the individual substring on the initial screen defined in Customizing. After saving, you will see the “names” you defined in the field Functional Area.
In contrast to the account assignment elements, funds center and commitment item, you can also use the functional area in Controlling, Asset Accounting and in Human Resources as an independent object.
If you want to use the functional area, you must activate it in the Customizing of Public Sector Management . For more information, see the IMG under Start of the navigation path Public Sector Management Next navigation stepGlobal Settings Next navigation stepActivate Account Assignment Elements. End of the navigation path
Using Asset Accounting
By activating the functional area, you can handle assets with the correct function in Asset Accounting. By defining a functional area in each asset master record, asset acquisitions can be posted according to the correct function; depreciation postings can also be carried out in Controlling according to the correct function and the asset history sheet can be displayed according to the correct function. For more information on prerequisites and features of the functional area as an account assignment object in Asset Accounting, see Fund/Functional Area as Account Assignment Object in Asset Accounting .
Controlling
Activating the fund ensures that costs and revenues are assigned to the correct fund in cost center accounting. The functional area is then, along with controlling objects, an extra account assignment object and can be specified as sender and receiver for all types of internal clearing.
Human Resources
Activating the fund ensures that personnel expenses, time sheet and travel expenses are assigned to the correct fund in cost center accounting.
Funds Management
The functional area runs through the whole organizational/ functional structure (funds center and commitment item hierarchies) of your organization as well as the fund.
Funds and Functional Areas