Example: Using Annual Budget Cycles

Review the three budget cycles:

  • Requested (cycle 1): Update requested budget, approved budget, and final budget.

  • Approved (cycle 2): Update approved budget and final budget.

  • Final (cycle 3): Updates final budget.

The table lists how the system updates amounts in the F0902 during each cycle:

Cycle

Requested

(BREQ)

Approved

(BAPR)

Final

(BORG)

Description of Update

Cycle 1

7,000

7,000

7,000

The system updates the requested, approved, and final amounts.

Cycle 2

not applicable

6,000

6,000

The system updates the approved and final amounts.

Cycle 3

not applicable

not applicable

5,000

The system updates the final amount, which represents the annual amount to be spread.