what is Planning budgeting & Funding Budget and Setup Steps For Planning & Funding Budget ?
Answer Posted / venkat
Budget are used better planning and controlling purpose we can define budget up to 60 periods there are two types of budgets
1. Planning Budget
2. Funding Budget
Planning Budget (Revenue)
It is used only for planning purpose system will not be controlling under this budget for planning budget we cannot create budget journals.
Funding Budget (Expense)
Under this budget we can plan and controlling the expenses in funding budget we can create budget journals also
1. Create Reserve for encumbrance account in COA.
2. Assign Reserve for encumbrance account at ledger level.
3. Define Budget & budget calendar
4. Define budget orgnization
5. Enter budget Journals amounts & post it
6. Enter New journal with budget account & post the JV
7. Then check budget balances
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is multi org? What is difference between 11i and 12i multi org structure?
What is the use of operating unit, while configure multiorg?
What is the Invoicing System in Oracle R12
difference between tds and income tax (India)
While assigning the security by book in oracle assets..i am unable ot get the asset org in security profile form.This asset org was already defined in org description window.
payment types and payment methods.
Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?
Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?
What is gap analysis, how do you defined?
What is meaning of deprecation?
What is the use of mo: security profile, while configure multiorg?
What kind of budgets have you worked on?
We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
difference between 11i&r12