Performing a Budget Inquiry
You can perform online inquiries about your master and detail budgets. General Ledger compares summary balances between your master and detail budgets, and checks for budget variances and violations. In addition, you can drill down from summary balances to detail account balances, and then to budget journal details.
Prerequisites
Define your master/detail budget relationships
Enter budget amounts or budget journals
To perform a budget inquiry:
1. Navigate to the Budget Inquiry window.
2. Enter the Budget you want to review. You can enter a master budget, detail budget, or a budget not associated with a master-detail relationship. However, you must enter a budget which has at least one open budget year.
3. Enter the Currency of the budget balances you want to review. You only see budget amounts entered in the specified currency.
4. Enter the range of accounting periods to include in your inquiry. The accounting period range must be within an open budget year.
- For a detail budget, you can only choose Drilldown this Budget to see detail budget balances with a drilldown to detail accounts.
- For a master budget, you can choose any of the following inquiry types:
Drilldown this Budget: Review master budget balances with a drilldown to detail accounts.
Query Detail Budgets: Review master and detail budgets together with a drilldown to detail accounts.
Query Budget Violations Only: Review only those periods for which the sum of the detail budget balances exceeds the master budget balance.
6. Select a display Factor:
Units: Full precision; rounds to two decimal places.
Thousands: Divides balances by 1,000; rounds to three decimal places.
Millions: Divides balances by 1,000,000; rounds to three decimal places.
Billions: Divides balances by 1,000,000,000; rounds to three decimal places.
7. Enter an optional Summary Template name to limit the summary accounts for your inquiry. If you do not enter a template name, you can inquire on any summary account in your set of books.
8. Query a Summary Account.
9. Choose the Show Balances button to review summary balances based on your inquiry criteria.
See Also
Reviewing Budget Balances in a Master Budget Inquiry
Reviewing Budget Balances in a Detail Budget Inquiry
Reviewing Detail Account Balances
Reviewing Budget Journal Detail
Creating Master/Detail Budgets
Entering Budget Amounts
Entering Budget Journals
