Job Budget Revision

The JD Edwards EnterpriseOne Job Cost system enters and locks original budget information for a job. After you lock a budget, you must enter a budget revision to change it. You can use the Budget Revisions program (P510171) to create audit trails of budget changes to a job. These audit trails enable you to compare original budget information with revised budget information when a job is completed.

Budget changes can occur as a result of these cost controls:

• Actual cost control using Accounts Payable vouchers, payroll equipment billings, and inventory issues

• Final cost control using percentage of completion and projected final cost estimates

• Committed cost control using subcontracts and purchase orders