| # Budgets per Year (tfbgc1110m000) Use this session to define and activate budgets for the specific fiscal year. Related topics To set up budget policy data To set up budget control data Budget Year The year for which the budget is valid. The year corresponds to the fiscal year defined in the General Ledger. Description The description or name of the code. Budget The budget code. Description The description or name of the code. Text If this check box is selected, a text is present. Status The status of the budget. This field can have the following values: Draft The budget is created. Pending Approval The data is specified and awaits approval from the budget manager. Approved The budget is approved by the budget manager. Modify The budget data is modified by the budget manager after the budget is approved. Active If this check box is selected, the budget is active and the budget transactions are created. Currency The currency used for the budget balance amounts and for creating or processing the budget transactions. Description The description or name of the code. Exchange Rate Type The rate type used to determine the currency rate and convert the transaction amount to the budget currency amount. Note You can also use the rate type defined for the transaction documents such as the purchase order or purchase invoice to convert the transaction amount to a budget currency amount. Description The description or name of the code. |