| # Budget Accounts (tfbgc1120m000) Use this session to maintain budget accounts and dimensions. Account The budget account code. Dimension dimension. Text If this check box is selected, a text is present. Description 1 The description of the budget account. Description 2 The second description of the budget account. Check Available Budget If this check box is selected, a budget check is executed for this budget account. Life-to-Date Balances If this check box is selected, the balances of previous budget years/periods are included in the balances. Check Available Budget Against The method that determines how and when the available budget is checked. This field can have the following values Policy: The budget check is performed against the policy that controls the processing of budgets. Annual Budget: The budget check is performed against the amount of the budget transaction; for the whole year. Year-to-Date Budget: The budget check is performed against the amount of the budget transaction; accumulated up to the current period. All budget amounts that are not used in previous periods are taken into account. The available budget amounts for the remaining periods in that year are not considered. Note Budget checking is mandatory for all transactions, unless specifically excluded. When Budget is Exceeded The action that must be taken when the budget check fails; there is no available budget and the budget tolerance is exceeded. Apply Policy: The budget check is performed against the policy that controls the processing of budgets. Block: The transaction ( Example a purchase requisition line) is blocked. You cannot approve the transaction document and an exception transaction is set to ‘In Exception'. The balance of the budget is not updated Warn: The transaction is not blocked. You can process the transaction for approval and the budget balance(s) are updated. A warning message is displayed. Continue: The transaction is not blocked. You can process the transaction for approval and the budget balance(s) are updated. No warning message is displayed. Amount The tolerance amount. The tolerance is the allowed deviation range within which the budget exceeding amount is still approved. Currency The currency in which the tolerance amount is expressed. Percentage The tolerance percentage. Text The text you specify for the budget account. |