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Use monthly budgeting with annual available budget checks
Use monthly budgeting with annual available budget checks
Description of Issue
Site is considering entering monthly budget amounts to have for reporting and wants to keep available budget checks based on annual available budget.
Monthly budget limit vs. annual budget limit
Context
Chart of Account Segments
Cause
Resolution
In Chart of Account Segments program under Fund, the Available budget method field setting determines how available budget is calculated for each fund.
If set to Annual, budget checks will be based on annual budget amounts.
If set to Monthly, budget checks will be based on available budget for that month plus any available budget left over from prior months of the same fiscal year.
Additional Information
, multiple selections available,
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