1. Human Resources Implementation Guide
  2. Transferring Position Budgets to the Account Balances Table

Transferring Position Budgets to the Account Balances Table

To create or refresh the position budget accounts, you transfer summary position budget information to the Account Balances table (F0902) in General Accounting. You typically perform this task to establish an initial budget for a new year.

As you work through the budgeting process, you can transfer these three types of position budgets to the Account Balances table:

  • Requested budgets.

  • Approved budgets.

  • Final (also known as original) budgets.

You use a different version of Update Position Budgets to Account Balances program (R08902) to transfer each of these types of position budgets. This program updates the Account Balances table. You or someone in the accounting department can review this information as you work through the budgeting process.

When you run the Update Position Budgets to Account Balances program for the requested position budgets, the system updates the approved and final budget fields for the same account in the Account Balances table with the same values. When you run this program for the approved budget, the system also updates the final budget for the same account in the Account Balances table with the same value. When you run the program for the final budget, the system updates only that value. In this case, the values for requested and approved budgets remain the same.

The system transfers to the general ledger only effective hour values (BU) and effective budget amounts (BA) for positions.

Important: Because this program overwrites all of the existing information in the Account Balances table, you transfer position budgets to the Account Balances table only when you are setting up budgets for a new year. If you need to revise position budgets in the middle of the year, do not rerun this program. Instead, post position budgets to the Account Ledger table (F0911).

See " Entering Annual Budgets" in theJD Edwards EnterpriseOne Applications General Accounting Implementation Guide", Entering Detailed Budget Amounts" in the JD Edwards EnterpriseOne Applications General Accounting Implementation Guide.