what is Planning budgeting & Funding Budget and Setup Steps For Planning & Funding Budget ?
- 1 Answers
- 1892 Views
- Oracle, I also Faced
- E-Mail Answers
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
could you please post some work around that any body have done in the financial modules.
Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?
payment types and payment methods.
What is gap analysis, what are the pre-requisities?
what is the meaning of purchase default and what are the types
What kind of necessary ap information you gather from the client?
Charge Back Setups ?
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
Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com
what is the steps to customization ?
How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.
how service tax work.
explain your project plan with exam pal? i am preparing inter view .............
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
Can I do a payment of 50 bills on a post date. If yes, then how?
