This activity is used to set a budget version as the active budget. Only one budget version of all the budgets/forecasts defined on a project can be set as the active budget of that project. This budget can then be used to regulate that the project is financially controlled according to the costs defined on its budget line or the budget control rules defined against the project. Each time a budget is set on an approved budget version it will override any previously defined budget.
The Active Budget flag in Forecast Information will be set as Yes.