Applying a global factor to a budget

Global factors represent universal conditions that affect budget amounts. You can apply a global factor to a rate budget to help calculate the budget amount. Use this procedure to apply a global factor to a budget.

Note: When you select a value in the Factor field, leave the Rate field blank.

Access Period Budget, Rate (FB20.1) or Budget by Period (FB21.1).
Select the global factor you will apply to each period budget amount in the Factor field.

Note: To calculate the budget amount automatically, multiply the budget units by a standard rate defined in the factor in Global Factors (FB00.1).