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How to Post 2nd Year Biennial Budget Detail Amounts
How to Post 2nd Year Biennial Budget Detail Amounts
Description of Issue
How can I post the 2nd year budget detail of a 24 month budget projection
Context
Define/Start Budget Projection
Munis 10.5 to 2018.1
Resolution
Follow these steps to separate and post the second year from the biennial projection:
Financials > General Ledger Menu > Budgeting > Define/Start Budget Projection
- Click Search
- Enter [biennial projection number]
- Accept
- Duplicate/Copy
- Enter [biennial projection number] in Original projection number field
- Enter [new projection number] in New projection number field
- Enter [description] in Description field
- Put a check mark in Roll budget years
- Verify Include budget detail is checked (should be checked by default)
- Accept
Financials > General Ledger Menu > Budgeting > Next Year Budget Entry
- Click Search
- Enter [new projection number]
- Accept
- Review the budget detail reflects only the second year
Once confirmed use Roll/Factor/Merge Projection to roll the new projection to the highest budget level. The projection can now be posted using either Post to Master for Report (posting to next year relative to current year in GL Settings) or Budget Completion Journal/Update (posting to current year in GL Settings)
Cause
Munis version 2019.1 has enhanced options for biennial budgeting
Additional Information
, multiple selections available,
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