Re: Fund Management implementation

As per my understanding, I don't think you can configure as such item wise budget in standard.

you can assign budget on basis of

Cost Center(fund center) - G/L

Profit Center(fund center)-G/L

AUCs(Fund center)- G/L

etc.

so when you will create budget system will derive details on the basis of above details.

you may do some Z code/BADI/User Exit program for your requirement