Understanding Budget Forecast Amount Revisions

After you generate your budget forecast amounts, you can review and revise them for any account, year, or period using the Revise Forecast Results program. You can also use this program to:

• Spread an amount over a forecast year using a budget pattern code.

• Navigate to an account to review the account detail.

• Lock an account after it is finalized (optional).

  Unlike the Generate Forecast Results program, you do not have to lock accounts before you run the Apply Forecast to Budget program (R1407). However, you might choose to lock an account for one of these reasons:

  • To prevent accidentally changing a forecast amount on the Revise Budget Forecast Results form.

  • To prevent overriding existing records in the F1404 tables if you rerun the Generate Forecast Results program.