Entering Budget Transfer Amounts
You can transfer fixed amounts or percentages of account balances for each accounting period.
To transfer amounts for individual periods:
1. Navigate to the Budget Transfer window.
2. Enter the Budget, Currency, Budget Organizations, and Accounts for the budget transfer.
3. Choose Transfer Amounts.
4. Enter the Period for which you want to transfer budget amounts. The period you choose must be in an open budget year. General Ledger automatically displays the Old Balances for the accounts from and to which you want to transfer amounts. These balances are the period-to-date budget balances for the budget, accounts and period you specify.
Note: If you are using budgetary control, General Ledger displays your posted balances plus your reserved funds.
5. Choose Show YTD Balances if you want to see year-to-date budget balances instead of period-to-date balances. Note that balances for each record are calculated independently.
6. Enter a Percent or a fixed Amount to transfer between accounts. General Ledger automatically calculates and displays the New Balances for the accounts from and to which you are transferring.
7. Enter another transfer line to transfer an amount or percentage.
To transfer amounts for a range of periods:
1. Navigate to the Budget Transfer window.
2. Enter the Budget, Currency, Budget Organizations, and Accounts for the budget transfer.
3. Choose Transfer Amounts.
4. Choose Transfer by Period Range.
5. Enter the range of periods for which you want to transfer budget amounts.
6. Enter a Transfer Percent or a fixed Transfer Amount for the range of periods.
7. Choose Apply to transfer the amounts, but remain in the window to transfer amounts for another range of periods.
8. Choose OK to transfer the amounts and return to the Transfer Amounts window.
