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Legal Changes in FACTS II (Changed) ( RELNPSM_60_FMFG_F2LEGAL )

Legal Changes in FACTS II (Changed) ( RELNPSM_60_FMFG_F2LEGAL )

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Legal Changes in FACTS II (Changed)

Use

As of SAP ECC 6.0, Public Services (EA_PS 600), changes have been made to the FACTS II feature to reflect changes in US federal legislation.

These changes are in the Department of the Treasury Financial Management Service (FMS) guidance on FACTS II:

  • OMB Circular A-11, revised in July 2003, introduced Program Reporting Category (PRC) for reporting obligations. Treasury has decided to replace the existing Category B Detail and Category B Text fields with the PRC and PRC Description in the FACTS II Bulk File.
  • The PRC can now be derived at the time the transaction is posted, at the time of reporting/extraction, or both. Prior to this release, PRC could only be derived at the time of reporting/extraction.
  • Customer and vendor have been added as source fields for the derivation at the time the transaction is posted.
  • The PRC in the transaction register can now be filled at the time of reporting by the secondary derivation.
  • The PRC has been added to the list of fields displayed in the FACTS II trial balance report. It is filled from the ledger first, but can now be filled at the time of reporting by the secondary derivation.
  • The BW extractor has been changed to use PRC and PRC text instead of Category B subcode and text. Transfer rules, update rules, Infocubes, ODSes, and queries have also been changed to use PRC and PRC text.
  • The order in which the selection criteria are displayed for the Treasury Bulk File Extract program has been changed to enhance usability.

Effects on Existing Data

There will be no data conversion/migration programs for PRC. If you want to report on PRC for old data, you need to use the derivation done at the time of reporting or extraction. PRC can be stored in the ledgers for new transactions going forward from the time of implementation.

Effects on Data Transfer

Effects on System Administration

Effects on Customizing

  • You need to maintain the rules used to derive attributes of the US Federal Government Ledger. Use PRC as a target field in a derivation rule of the FMUSFG1 first strategy derivation to derive PRC at the time the transaction is posted. You can use customer and vendor as source fields.
  • You need to set PRC as a target field in a derivation rule of the FMUSFG1 first strategy derivation.

Further Information






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Length: 2938 Date: 20240604 Time: 042926     sap01-206 ( 53 ms )