Standing orders

To create a standing order and check the budget for a standing order, use these sessions:

1. Cash Management > Manual Cash Transactions > Standing Orders (tfcmg1510m000)

   • Select the business partner code, and click New to create a new standing order.
   • Set the Posting Method to Costs, and specify the transaction amount and tax code in the Transaction Amount and Tax Country/Code fields.
   • On the Payment Details tab, specify the Payment Method and Business Partner Bank codes. Save the changes and from the appropriate menu, click Maintain Posting Data. The Posting Data of Standing Orders/Stand-Alone Pmt (tfcmg1115s000) session opens.

2. Posting Data of Standing Orders/Stand-Alone Pmt (tfcmg1115s000)

   Select the Ledger Account and Tax Country/Code values. Save the changes. The budget exception error occurs.

3. Budget Manager Dashboard (tfbgc3600m000) > Budget Balances (tfbgc3500m000)

   Select the standing order and click the Budget Control Adjustment button. The Budget Control Adjustments (tfbgc2120m000) session opens.

4. Budget Control Adjustments (tfbgc2120m000)

   Select the Budget Account, specify the amount to be added in the Amount field and select the Reason for the adjustment. Click Process to process the adjustment. The budget amount is released automatically.

5. Standing Orders (tfcmg1510m000)

   Review the cleared Budget Exception check box. Click Check Budget for Document to check the budget.

6. Budget Manager Dashboard (tfbgc3600m000)

   Review the budget balances and budget transactions.