In the first project of the Beacon program, budget preparation and execution will continue to be performed outside SAP in the OSBM Budget Preparation System (BPS) and Budget Revision System (BRS). Budget codes and budget funds will continue to be used by the Legislature, OSBM and the agencies to budget, control and execute new and revised budgets. Agencies will continue to follow the current procedures outlined in the State Budget Manual to request new budget codes and funds using the "Establish a New Center (Fund) and Title" form. The form "Establish a New Center (Fund) and Title" will be modified with all SAP required fields. The form should include all the required fields; name, description, valid date, fund type and application of fund. The form should also include a "Derivation" section in which the agency will specify if and how fund should be derived from another cost assignment object. SAP Workflow functionality will not be used to submit the form to the Shared Services in the first phase of the project.

ACCOUNTING > PUBLIC SECTOR MANAGEMENT > FUNDS MANAGEMENT > MASTER DATA > ACCOUNT ASSIGNMENT ELEMENTS > FUND