Post a Budget Amendment to the Prior Year

Owned by Knowledge Assistant
Jul 01, 2020
1 min read
Description of Issue

Post a budget amendment to the prior year that has been closed via the Year End Close process

Context

Budget Transfers and Amendments

Year End Close

Cause

Budget Adjusting Entry Functionality

Resolution

Budget Amendments can be posted to the prior year by using periods 1 through 12. Make sure the Effective Date matches the Year/Period selected. Budget cannot be posted to period 13 so it is not used for any prior year adjusting entries.

Additional Information