How to establish monthly budget amounts

How to establish monthly budget amounts

• Monthly budget amounts

• Next Year Budget Entry

• Account Master

Accounts must be flagged to Allow monthly budgeting

1. General Ledger > Set Up/Chart of Accounts > Account Master

   1. Click Search

   2. Type in the Org, Obj, Project or Full account number

   3. Click Accept

   4. Click Update

   5. Select Allow Monthly Budgeting check box

   6. Click Accept

The monthly amounts can be created by period through Detail Entry/Detail Info. 

1. Financials > Budget Processing > Next Year Budget Entry

   1. Enter in the projection number

   2. Click on Accept

   3. Define the desired account findset

   4. Click on Accept

   5. Click Detail Entry button in the ribbon

   6. Enter detail records by period

   7. Click on Accept

2. Or Financials > Budget Processing > Monthly Budget Amounts

1. 1. Click Search 

   2. Type in the Budget Year

   3. Type in the Org, Object, Project or Click Accept to pull in all accounts

   4. Click Reallocate to update the amounts 

   5. Click Accept once complete

If the available budget check on the Fund requires review/updating

1. Financials > General Ledger Menu > Set up chart of accounts > Chart of Account Segments

   1. Click Accept

   2. Click Search

   3. Type in the Fund number

   4. Click Accept

   5. Click Update

   6. Change the Available Budget Method as needed

   7. Click Accept

Monthly amounts by period will display from the Account Info screen.