Creating a budget version

You can use budget versions to provide an audit trail, to forecast data, to project budgets, or as a control measure. You can make copies of existing budgets while keeping the integrity of the original, or you can delete specific versions of a budget.

Each time you run this program, you create a budget version. You cannot create multiple versions at one time. You can maintain and modify only the current budget version. After a new version is created, you cannot change the old versions. Use this procedure to create budget versions.

  1. Access Budget Version (FB122).
  2. Use these guidelines to specify the field values:
    Function

    Select Version (V) to create a version of a budget. Version numbers increase in sequential order. Select Delete (D) to remove budget versions.

    Company/Fiscal Year/ Budget

    Select the company number, fiscal year, and budget number that you will create a budget version.

    Versions

    (Optional) You can select a range of budget versions to delete.

    Version Description

    (Optional) You can specify a description for the budget version that you will create.