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Tolerance Percent and Tolerance Amount

You can enter a Tolerance Percent and a Tolerance Amount to allow transactions to exceed budget within certain tolerances. For each distribution in a transaction, you can exceed a budget by the smaller of the tolerance amount and tolerance percent.

You can enter zero for both Tolerance Percent and Tolerance Amount to prevent transactions from exceeding a budget.

Tolerances apply to individual distribution amounts by transaction. Use caution in setting up tolerances. When funds available go negative because of tolerances, the system uses only tolerance amounts to calculate funds available.

Suggestion: Tolerances apply on a per distribution, per transaction basis for funds reservation, not for funds checking. So you might enter a small tolerance and use Oracle Alert to notify you when you are actually over budget. Then you can change the tolerances or perform a budget transfer to cover the shortfall.

See Also

Setting Budgetary Control Options for Journal Sources and Categories


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