Maintaining Budget in Plant Maintenance

Option 1

1. Done by CO consultant
T code: KOAB
a) Tick commitment management
b) Maintain co partner as semi active
c) Settlement profile
d) Planning profile
e) Object class
 2. Done by CO consultant
T code: OKOB
Maintain budget profile

3. T code: OIOA
Assign budget profile to order types

4. T code: KOH1
Create order groups (grouping of order types)

5. T code: KO22
Distribute budget to order types or order group

 There are different approaches for budget control in PM orders.

1) Option1: In koab transaction maintain commitment managemen active and in budget profile (oioa) you must tick
total values ,annual values,activation type should be 1-automatic activated when budget allocation done. Then
distribute budget in PM order through KO22.

2) Option2:You can also opt for Investment management approach but it is mainly done in case of capital
work/projects/internal orders. In this approach you need to activate IM for orders(done by CO people). Investment
programs are created and budget distributed through IM52. For details you may consult your FICO consulatnt.

3) Option3: Fund Management approach enables you to monitor budget-relevant plant maintenance processes.
enables you to monitor budget-relevant plant maintenance processes in FM.

The link between the plant maintenance process and FM is established by entering an FM account assignment
(commitment item, funds center, and fund) when you create a plant maintenance order.

You have to enter the FM account assignment manually. If, however, you have maintained the assignments of FM
account assignments to CO account assignments, the system determines the FM account assignment from the cost
center of the technical object (functional location, equipment) which is assigned to the plant maintenance order.

FM takes care of budget related processes from creation of maintenance order till settlement.

Hope this helps you to decide an appropiate approach