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GL Settings use budgetary control functionality

GL Settings use budgetary control functionality

Owned by Knowledge Assistant
Last updated: Sept 05, 2024
1 min read



Description of Issue

GL Settings use budgetary control functionality

How does the system work with the budget process and control accounts



Context

  • GL Settings

  • Use budgetary control

  • BUA

  • BUC

  • Budget Amendment

  • Budget Completion Journal



Cause




Resolution

If the appropriate settings are established when a BUA Budget Amendment or BUC Budget Completion Journal is posted MUNIS with automatically hit the appropriate control account.


Post BUA/BUC to Expense account would result in an automatic entry to the Appropriation control account

Post BUA/BUC to a Revenue account would result in an automatic entry to the Estimated Revenue control account



Additional Information

Please contact General Ledger Support if there is a question regarding this set up.

Please see How do we turn on use budgetary control in gl settings for the proper set up to use Budgetary Control