Create Budget Version

Explanation

Use this activity to enter new budget versions. The IFS/General Ledger is able to handle any number of different budget versions for a company and accounting year. The budget version can be used in query pages.

The budget status can be one of the following:

Prerequisites

Before creating a budget version, the following must have been completed:

System Effects

As a result of the activity, a budget version exists in the company. Budget values can be entered, imported, copied, or initiated. If no specific budget version is selected, the default budget version is shown automatically when you run the queries GL Balance Analysis, Projects Analysis, Project Analysis, Structure Project Analysis and GL Structure Balance Analysis in General Ledger.