Reorganize the budget

The budget can be reorganized ath the middle of the fiscal year. When there is a major changes in the organization, all the transactions of one department must be moved to an other department. You can also rebuild the existing budget and modify the changes. Before you reorganize, copy the current budget to the new budget and approve the budget. Use the Reorganize Budget (tfbgc1250m000) session to reorganize or rebuild the budget.

To reorganize the budget, perform the following actions in the Reorganize Budget (tfbgc1250m000) session:

  • Select the Reorganize option.
  • Select the new budget in the New Budget field.
  • Select the balance type such as Commitment check box to view the different of the balance amounts.
  • Select the Simulate option and click Process to process the new budget in the stimulation mode. Review the results and make changes if necessary.
  • Finally, you can select the Update option and click Process to process the new budget.

In the Budgets per Year (tfbgc1110m000) session, review the status of the budget. The status changes to Reorganize. The budget is also activated automatically.

In the Budget Manager Dashboard (tfbgc3600m000) session, review the old budget balances and budget transactions that are moved to the new budget.