SAP IM helps organizations develop and manage investment plans and annual budgets for “investment programs”—a term in SAP used to describe a way of organizing capital investments or other projects in a hierarchical structure. The scope of “investment” extends beyond traditional investments that must be capitalized for bookkeeping and tax purposes, covering any measure that involves costs and may only generate benefits after a certain time.
Key Activities of SAP IM Module:
- Create Master Data: Set up foundational investment data for projects.
- Create Investment Program: Organize and structure investments within programs.
- Cost Planning: Plan and allocate costs associated with investments.
- Specify Budget: Define the budget for each investment project.
- Procurement for Investments: Manage procurement processes related to investments.
- Check Availability Control for Internal Orders: Ensure budget control for internal orders.
- Settlement and Closing of Capital Investment Measures: Finalize and close capital investment projects.
- Fiscal Year Change: Manage transitions between fiscal years.
Who Can Benefit:
The SAP IM module is best suited for business analysts or IT professionals involved in financial planning, analysis, and budgeting. A certification in SAP IM helps professionals perform tasks related to investment management with greater accuracy and efficiency. It is also beneficial for end users and project members handling investment budgeting, cost planning, and availability control for internal orders. This certification provides an opportunity for individuals to enhance their skill sets and gain experience in the field of Investment Management.
For those seeking highly paid roles and opportunities in reputed organizations, having the right skills and prerequisites is essential to benefit fully from this course.
This content is provided by Trailevate Solution.
Reviews
There are no reviews yet.