Change Fund Group
Application component: Controlling
App type: SAP GUI
Description:   You can use the master data groups on selection in Report-Writer-Reports of Funds Management that are based on FI-SL data if you are using the Budget Control System (BCS). You also use the groups in the component Controlling ( CO) for evaluation purposes in Report-Writer-Reports and to select groups in Controlling transactions.  To do this you can subdivide the account assignment elements (commitment item, funds center, fund and functional area) into groups or Sets together following certain subdividing criteria. Note  Master data groups, apart from named customer areas and functions are otherwise not supported in Funds Management. 
Key features:  Group Editing  In a group you can create more segment groups next to the direct combination of certain master data or assign groups that already exist as segment groups. This enables you to subdivide a complex group through segment groups into individual segments that makes it easier to understand. Note that a master record is only allowed to appear for each group once, including the subgroups.  For the assigning of master data, the group editing also supports the entering of intervals. In this context you should note the following: If you have the master data selection of a group above an interval (for example, master data interval: AA to ZZ), then the new master data created, for which this interval definition applies, is automatically assigned to the group. Non-Year-Dependent Groups  Master data groups are year-independent. You can limit the selection of valid master data in a group by entering a key date. If you are working with year-dependent master data in your organization, the validity period of an FM master record must lie within the validity period of the group. Otherwise this master record in the group is not taken into account. In such a case you receive the information No valid master record instead of the description of the master record. You define the key date of a group in the respective group editing transaction under Extras  Default Values  Structure . Change Documents You can specify that the editing of groups in change documents for each client and FM account assignment element (or set class) is logged. You call up the change documents in group editing under Goto  Change Documents . You execute the activating of change documents in Customizing for Funds Management Government under Master Data  Activate Change Documents of Master Data Groups See also:  For more information on individual editing functions of master data groups, see the documentation on the component Controlling under: Editing Master Data Groups Copying Master Data Groups 
Business roles: Budget Specialist - Funds Management| Grant Specialist
Grant Specialist : 
Is responsible to initiate and perform all grant-related administrative processes, such as preparation of sponsor financial reports, maintenance of master data, grants lifecycle management and execution of grant related transactions like billing.

Budget Specialist - Funds Management : 
Knows the detailed regulations and guidelines for budget structuring and budget processing, and maintains the budget amounts in compliance with these regulations.