Post to Master for Reports Functionality

Owned by Knowledge Assistant
Last updated: Oct 18, 2024
Description of Issue
  • Post to Master for Reports was run, expecting the Current Year Budget to be updated based on the projection and Budget Settings but, the amounts are being placed into the Next Year.
  • Original budget amounts in next year are incorrect
Context
  • Munis
  • Post to Master for Reports
  • Loading Budget and Actuals
Cause

Post to Master for reports is designed to post to the Next Year based on the General Ledger Settings highest budget level.  

It allows the original budget amounts to show for next year and does not create a backing journal

Resolution

A. The Post to Master for Reports program should NOT be run when posting an Original Budget Projection to the Current Year.  This program is designed to post to the next year based on the General Ledger Settings.

  • When Post to master for reports is completed:
    1. The amounts in the budget projection are updated on the Accounts master tables for next year
    2. Allows amounts to display for next year in:
      1. Account Inquiry
      2. when running reports such as the YTD Budget Report
    3. When the current year is closed and the new year is open the original budget amounts in next year will be updated to 0.00.
    4. When ready the Budget completion journal will need to be posted to the current year.

B. Post to master for reports uses the amounts in the highest Budget level in the projection. If there are no amounts in this level nothing will be updated. 

C. If you run Post to Master for Reports and accounts are updated for the next year by mistake:

  • Create an identical Budget Projection with the same accounts
  • Set all amounts to 0.00
  • Run Post to Master for Reports to update the amounts.
Additional Information