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what is budgeting and steps required to configure this

Answer Posted / 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

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