Adding a new project and budget to an existing budget in a Ready status

Use this process if using budget edits and use a single project budget scenario. This process is required when adding new projects to the budget edit group for an existing budget in a Ready status. We recommend that new projects are created in a centralized environment where a single resource is responsible for creating projects.

To create a new project, increase a budget scenario, and include the project in a budget edit group:

  1. The Project Administrator role suspends the Budget Edit Submission queue.
    Note: Users can enter requisitions, purchase orders, and Payables invoices while the queue is suspended. The transactions will remain in the queue until it is resumed.
  2. Perform dimension changes by adding or maintaining project and account category dimensions. Perform dimension changes before processing pending jobs.
  3. The Project Administrator creates a new project dimension.
  4. Activate the project posting dimension.
  5. Add the dimension to the project structure that is mapped to the budget scenario basis.
  6. Select the Include In Budget Edit check box or add a summary budget identifier.
  7. Run the Process Pending action.
  8. The Project Administrator resumes the Budget Edit Submission queue.