Single dimension budgeting procedure

The single-dimension budget-procedure includes these steps:

  1. Define all the required parameters in the Financial Budgeting Parameters (tffbs0100s000) session.
  2. Access the Chart of Accounts (tfgld0608m000) session to maintain the required ledger accounts.
  3. Specify the dimensions in the Dimensions (tfgld0510m000) session.
  4. Maintain the distribution codes to distinguish between methods of distributing budget amounts across periods in the Budget Distribution (tffbs0101m000) session. You can define budget distribution codes using the Distribution method.
  5. Define the method to distribute budget amounts and budget quantities in the Generate Budget Distribution Data per Period (tffbs0202m000) session.
  6. Maintain the percentages or factors that are applicable to the respective periods for each distribution code in the Budget Distribution Data by Period (tffbs0102m000) session.
  7. Access the Budgets (tffbs0503m000) session to:
    1. Define budget characteristics such as number of budget periods, type of budget, link with ledger accounts and the dimension types.
    2. Select a budget type
    3. Select the method of calculating the budgets.
  8. Select the Single Dimension Budget option.
    Note: The Link with Ledger Account field is mandatory for single dimension budgets.
  9. Define the budget attributes, including the budget currencies and the relation with home currencies using the Budgets by Year (tffbs0505m000) session.
  10. Access the Budget Defaults by Ledger Accounts/Dimensions (tffbs0504m000) session to define the default distribution codes for ledger accounts or dimension.
  11. Define a ledger account structure or a budget structure in the Ledger Account Structure by Dimension (tffbs0120m000) session.
    Note: You can copy ledger account structures from one dimension to another or to a range of dimensions of the same dimension type, using the optional Copy Ledger Account Structure by Dimension (tffbs0220m000) session.
  12. Copy ledger account structures from a dimension to another dimension or to a range of dimensions of the same dimension type, you can use this optional Copy Ledger Account Structure by Dimension (tffbs0220m000) session.
  13. Define dependencies between ledger accounts expressed as a percentage using the Relations Between Ledger Accounts (tffbs0121m000) session.
    Note: This functionality is used to calculate the number of target ledger-accounts based on the budgeted amounts of source ledger-accounts.
  14. Define the reference units for each dimension in the Reference Units (tffbs0530m000) session. You can also maintain these information:
    • define amount-based or quantity-based reference units that determine the surcharges or rates.
    • define the Planning Type that can be either: retrograde or progressive. In case of Retrograde planning type, the performance budgets are generated or back flushed during the allocation process.
    • select the Logistics, Quantities General Ledger (GLD) and AMounts General Ledger (GLD) check boxes in the Import Actual Performance (tfcat2220m000) session to collect actual performance quantities from Infor ERP LN.
  15. Maintain ledger accounts that belong to a cost category in the Ledger Accounts by Cost Category (tfcat0103m000) session. A percentage must be specified for every ledger account, indicating the amount related to this cost category.
    Note: 
    • You can also import the ledger account data
    • The cost category can be used in the Allocation Relations (tfcat4500m000) session to limit the cost that is to be allocated from, for example, one cost center to another cost center.
    • You can also copy the budget or actual data (amounts and quantities) to another budget using the Copy Budgets (tffbs1202m000) session. You can also copy the allocation relations and secondary costs.
    • In case of Retrograde planning type (only for quantity-based reference units) quantities are automatically back flushed when you define the allocation relations.
  16. 18 Specify the performance budget by period in the Performance Budget by Period (tffbs1121m000) session, if the Periodic Distribution Mode check box is not selected in the Performance Budget by Year sessions.
  17. Specify the performance budget by period in the Performance Budget by Period (tffbs1121m000) session.
  18. Define budget amounts by reference unit and by ledger account in the Flexible Budget by Year (tffbs1510m000) session. These budget amounts can be split into variable and fixed amounts.
    Note: 
    • The budget amounts of secondary costs are determined during the allocation process.
    • You can also view the sum of fixed, variable, and total budget amounts, budget cost-rates and surcharges.
  19. Define budget and quantities by periods in the Single Dimension Budget by Period (tfffbs1111m000) session. This is only allowed if distribution mode is not selected. If this is the case a zero budget must first be defined in the Single Dimension Budget by Year (tffbs1100s000) session.
  20. Define an integration scheme by a dimension/reference unit for a logistic company, as defined in the General Ledger (GLD) in the Integration Scheme for Standard Cost Calculation (tffbs1130s000) session. In case of quantity-based reference-units, you can define the related operation rate and optionally a PCS project. In case of amount-based reference-units you can define the related item group, item, warehouse or PCS project for integration of surcharge portions.
    Note: This data is used to integrate the rates/surcharges into the Cost Price Calculation (CPR) and/or project surcharges to the Project Control (PCS) in Infor ERP LN.
  21. Define budget and quantities by periods using the Single Dimension Budget by Period (tfffbs1111m000) session, if the Periodic Distribution Mode check box is not selected. A zero budget must first be defined in the Single Dimension Budget by Year (tffbs1100s000) session..
  22. Define an integration scheme by a dimension/reference unit for a logistic companyusing the Integration Scheme for Standard Cost Calculation (tffbs1130s000) session. For quantity-based reference-units, you can define the related operation rate and optionally a PCS project. For amount-based reference-units, you can define the related item group, item, warehouse or PCS project for integration of surcharge portions.
  23. Define defaults for dimensions and/or reference units using the Defaults for Cost Price Calculations (tffbs1131s000) session..
  24. Integrate the budgeted or effective cost-rates with the Operation Rate in the Integrate Budget Operation Rates (tffbs1230m000) session.
  25. Integrate budgeted or effective cost surcharges in the Cost Price Calculation (CPR) and/or project surcharges into the Project Control (PCS) with this session. These surcharges can be based on fixed costs and variable costs.