SAP Standalone HR Funds and Position Management

Purpose

The R/3 HR Funds and Position Management component gives you a detailed view of your overall personnel budget, and links this budget to the staff and positions in your organization.

HR Funds and Position Management allows you to finance and perform planning for persons and positions efficiently. One of the advantages of this is that you can use full-time equivalents (FTEs) to budget personnel expenditures.

HR Funds and Position Management is designed specially for:

• All types of public administrative bodies (federal, regional, or local)
• Public owned organizations
• Non-profit-making organizations such as universities, research centers, associations, and foundations
• Private-sector companies that wish to budget their personnel expenditure

Implementation Considerations

The R/3 Personnel Administration component must also be available.

It is recommended that the R/3 Organizational Management component should also be implemented, since the HR Funds and Position Management component uses some of its functionality.

Features

The R/3 HR Funds and Position Management component provides the following functionality:

• Create and execute an overall budget
• Define and manage an organizational structure
• Budget personnel expenditure
• Manage third-party funding for personnel expenditure
• Finances employees and positions for specific periods of time (monetary amounts or full-time equivalents)
• Define and activate budgeting rules
• Define and activate reclassification rules
• Earmark sections of the budget for sections of the organization
• Transfers
• Budget updates
• Manage the various execution phases of the personnel budget
• Carry forward the overall budget
• Reporting options

See also:

The Overall Budget Component

The Organization Component