Budget Methods
This table lists the methods you can use to create a budget:
Method |
Description |
|---|---|
Annual budgets by business unit or account |
Enter annual budget amounts. Using the spread program, the system allocates budget amounts to periods, based on budget pattern codes that you assign. This method updates the Account Balances table (F0902) directly. |
Detailed budgets by account |
Enter a budget amount for each period for selected accounts, or for selected periods and accounts. This method does not provide a formal audit trail, but it directly updates each period budget in the F0902 table. |
Journalized budgets |
Enter journal entries to a budget ledger to provide a formal audit trail. This method updates the F0911 table. You must post entries to update the F0902 table. Construction companies that use cost accounting and government agencies that record supplemental appropriations for the original budget typically need a formal audit trail. Journalized budgeting consists of entering, reviewing, and posting the journalized budget entries. |
Import from spreadsheet |
Use a spreadsheet program to create budgets and then transfer them to the F0902 table. Then use JD Edwards EnterpriseOne General Accounting programs to process your budget data. For example, you can spread annual budget amounts to your fiscal periods. |
Allocations |
Create budgets using allocations. |
See Also