Budget reporting basis
At least one reporting basis must be defined for budgeting. The budgeting basis provides participating elements and structure available to be budgeted. The budgeting basis includes the chart, dimension structure, global ledger calendar, ledgers, and accounting entities. The Basis Year is not used anywhere in budget edits.
For budget edits for projects, we recommend including only valid project accounts for the chart of accounts assigned to the project budget reporting basis.