what is budgeting and steps required to configure this




Answers were Sorted based on User's Feedback



what is budgeting and steps required to configure this..

Answer / srinivask

Budget is two types 1. Planning Budget 2. Funding Budget
When ever you are enabling check box "Require Budget
Journal" option. This is called funding budget. if you are
not enable this check box planning budget.

Is This Answer Correct ?    9 Yes 1 No

what is budgeting and steps required to configure this..

Answer / srinivas

following steps needs to follow for preparing funding
budgets:
1. define budget
Nav:budget/define/budget
2. define budget organization
Nav: budget/define/organization
3.Enter budget journals
Nav: budget/enter/journals
4.Post Budget Journals
Nav:Journal/post
5.Inquiry funds available
Nav:inquiry/funds

Is This Answer Correct ?    7 Yes 0 No

what is budgeting and steps required to configure this..

Answer / sreenivas

Budget means its planning, there are two types 1. Planning
Budget 2. Funding Budget,

When ever you are enabling check box "Require Budget
Journal" option in SOB under the Budgeting Tab and also
while defining the Budget, this is called funding budget.
for this in account ranges window we have to select budget
type is " Entered".

if you are not enable this check box its planning budget.

Is This Answer Correct ?    2 Yes 0 No




what is budgeting and steps required to configure this..

Answer / ks

Revising the steps

1. define budget
Nav:budget/define/budget
2.Open budget year
3. define budget organization
Nav: budget/define/organization
4.Assign account ranges
5.Enter budget journals
Nav: budget/enter/journals
6.Post Budget Journals
Nav:Journal/post
7.Inquiry funds available
Nav:inquiry/funds

Is This Answer Correct ?    0 Yes 0 No

what is budgeting and steps required to configure this..

Answer / ravindra reddy

Revising the steps

Budget is two types 1. Planning Budget 2. Funding Budget
When ever you are enabling check box "Require Budget
Journal" option. This is called funding budget. if you are
not enable this check box planning budget


1. define budget
Nav:budget/define/budget
2.Open budget year
3. define budget organization
Nav: budget/define/organization
4.Assign account ranges
5.Enter budget journals
Nav: budget/enter/journals
6.Post Budget Journals
Nav:Journal/post
7.Inquiry funds available
Nav:inquiry/funds

Is This Answer Correct ?    0 Yes 0 No

what is budgeting and steps required to configure this..

Answer / namrata sinha

A budget is defined as a comprehensive and coordinated plan,expressed in financial term for the operations and resources of an enterprise for some specified period in future.

Is This Answer Correct ?    0 Yes 0 No

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