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Changing a Budget

You can change the budget you use for budgetary control. For example, you might be operating under a temporary budget called FY93-TEMP until your organization receives its budget allocation. You then want to operate under a budget called FY93-OPERATING. However, you might have already created encumbrances or you might have incurred actual expenses against the funding budget that exceed the amounts allocated in the new budget. You might not be able to enter new transactions if you do not have adequate funds in the new budget.

You might find it easier to add funds to the budget you are currently using to perform budgetary control instead of using another budget.

We recommend that you run a Funds Available Analysis report for the funding budget before you select a new budget. Verify that you have enough funds in the new budget to cover existing expenditures and encumbrances. You can define reports in the Financial Statement Generator to compare amounts in two budgets.

See Also

Defining Budgets

Funds Available Analysis Report


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