Budget projection import error - Budget for fund balance not selected

Description of Issue

When importing balance sheet accounts classified as fund balance accounts into a budget projection, import error report displays Budget for fund balance not selected 

Context
  • Define/Start Budget Projection

  • Budget projection imports

Cause

Budget for fund balance accounts setting not selected in the General Ledger Settings program

Resolution

Enable the setting in the General Ledger Settings program: 

  1. Financials > General Ledger Menu > Setup/Chart of Accounts > General Ledger Settings

  2. Click Update

  3. Check the checkbox next to Budget for fund balance accounts

  4. Click Accept

  5. Re-attempt to import file containing the fund balance balance sheet accounts

Additional Information

The accounts must have the Balance Type field in the Account Master set to Fund Balance and the Budgetary checkbox on the account must be checked to avoid other import errors.Â