Can a projection be created for Next Year 2 when the Current Year is still open
- Knowledge Assistant
Owned by Knowledge Assistant
Description of Issue
Can a projection be created for the new year (Next Year 2) when the Current Year is still open?
Example: Current Year 2019, Next Year 2020, creating a projection for 2021
Context
EERP
Define/Start Budget Projection
Cause
Functionality question of Define/Start Budget Projection
Resolution
A budget projection can be created for Next Year 2 through Define/Start Budget Projection. Make sure the Budget Year tied to that projection is the correct year the budget will be posted for.Â
Additional Information
- Do not run Post to Master for Reports until NY 1 is closed
- CY original budget and actuals with be based on Current Year in General Ledger Settings