To maintain budget amount details

Budget structure amounts

The list of budget accounts defined for a budget level and their budget amounts can be viewed in the Budget Structure - Amounts (tfbgc1150m000) session. You can view the overview of all carried forward budget and allotment amounts of the budget accounts for a defined budget structure.

Budget amounts

For each accounting period, the budget amounts can be entered directly for a budget account in the Budget Amounts (tfbgc1650m000) session. The budget is logged by the audit trail, only after the budget is approved or frozen. The budget account can have budget amounts for each budget period and budget year. The number of budget periods that can be used is set in the budget policy and in General Ledger. Budget amounts are expressed in a budget currency and are released or allotted based on a percentage or the amount specified in the Release Proposal field.

Budget amount can be used only after the budget is released. The budget checking process is executed only for the released or allotted part of the budget amounts.

To Release or Unrelease the budget amounts to a single budget account, complete the following steps:

  • Specify the budget amount to be released in the Release Proposal > Amount field or specify the percentage of budget amount to be released in the Release Proposal > Percentage field.
  • Select either the Unrelease or Release option to release or hold the budget amounts in the Release Option.
  • Click the Release button.

To release the budget amounts to a range of budget accounts or budget levels or periods, complete the following steps:

  • Click the Release Budgets button, the Release Budgets (tfbgc1200m000) sessions opens.
  • Specify the required range and click the Release button.