Transferring Budget Amounts Using Budgetary Control
To transfer budget amounts using budgetary control:
1. Navigate to the Budget Transfer window.
2. Enter the Budget for the amounts you want to transfer. You must choose an open or current budget.
3. Enter a Batch Name to identify the resulting budget transfer journal.
4. Enter the Currency for the amounts you want to transfer. To transfer statistical amounts, enter STAT.
5. Enter the Budget Organization From which you want to transfer amounts. If the budget organization is password protected, you must enter the password before you can transfer budget amounts.
6. Enter the Account From which you want to transfer amounts. You can only choose accounts that are denominated in the currency specified, and assigned to the budget organization you specified.
7. Enter the Budget Organization To which you want to transfer amounts. It can be the same or different from your From Budget Organization. If the budget organization is password protected, you must enter the password before you can transfer budget amounts.
8. Enter the Account To which you want to transfer amounts. You can only choose accounts that are denominated in the currency specified.
9. Choose Transfer Amounts and specify the fixed amounts or percentages of account balances you want to transfer.
10. Choose the Check Funds button to verify available funds for your budget journal batch.
11. Choose the Reserve Funds button to reserve funds for your budget journal batch.
12. Review the Funds Status for your batch:
13. Choose View Results to review the budgetary control transactions resulting from your funds action request.
14. Leave the window. General Ledger automatically runs the Create Journals program to create an approved budget journal after a successful funds reservation.
15. Post the budget transfer batch.
See Also
Budgetary Control and Online Funds Checking
Creating a Budgetary Control Group
Reviewing Budgetary Control Transactions
