Calculating Budget Amounts
You must calculate budget amounts whenever you define or revise your budget formulas, or if you change the accounts you use in your formulas.
Calculating budget amounts from budget formulas does not create journal entries; rather, it updates budget balances directly. General Ledger replaces, rather than increments, the account balances with the calculated amounts.
Prerequisites
Open a budget year.
Define a budget formula batch.
To calculate budget amounts from budget formulas:
1. Navigate to the Calculate Budget Amounts window.
2. Enter the name of the Budget for which you want to calculate budget amounts. You cannot choose a frozen budget or a budget with no open years. General Ledger displays the Latest Open Year for your budget.
3. General Ledger displays the name of each Recurring Batch you have defined, including frozen batches. Select the unfrozen formula batches you want to use to calculate budgets amounts.
4. Enter the accounting Period From and To which you want to calculate budget amounts. General Ledger displays the Last Run Date for each chosen formula batch.
5. Choose Calculate. General Ledger submits a concurrent process to calculate budget amounts and update account balances. General Ledger displays the Request ID of the concurrent process.
See Also
Defining Budget Organizations
Assigning Account Ranges to a Budget Organization
Opening a Budget Year
Creating Budget Formula Batches
Changing a Budget Formula Entry
Submitting a Request
Freezing Budgets
