Understanding Account Definition and Basis Amounts

To forecast budget amounts for your revenue and expense accounts, you must define the accounts to include in the forecast and retrieve the basis amounts for those accounts.

You can do this manually with a search and select program or automatically with a batch program using one of these programs:

  • Revise Forecast Basis (P1403)

  • Generate Forecast Basis (R1403)

Regardless of whether you define accounts and retrieve basis amounts manually or generate them automatically, the system copies account information from the F0901 table and net posting amounts from the F0902 table and updates the Forecast Basis table (F1403).