Budget Journal Entries from Closing and Roll Forward

Closing and roll forward entries are stored in the Budget Journal Header table (KK_BUDGET_HDR) and update the Commitment Control Ledger Data table (LEDGER_KK). Budget journal entries are identified by budget journal entry type, journal date (which determines fiscal year), and accounting period. These values depend on whether you are closing budgets, just closing the fiscal year for multiyear budgets, or closing both the budget and the fiscal year.

Closing Budget Periods

Closing entries are identified as follows:

• Budget journal entry type is Closing.

• Journal date is the as-of date for the Budget Close process request; the journal date determines the fiscal year and the accounting period on the entry.

Roll forward entries are identified as follows:

• Budget journal entry type is Roll Forward.

• Journal date is the as-of date for the Budget Close process request; the journal date determines the fiscal year and the accounting period on the entry.

Closing Fiscal Year or Closing Budget and Fiscal Year

Closing entries are identified as follows:

• Budget journal entry type is Closing.

• Journal date is the end date of the fiscal year being closed.

• Accounting period is 999.

Roll forward entries are identified as follows:

• Budget journal entry type is Roll Forward.

• Journal date is the begin date of the new fiscal year, which is defined as the closing fiscal year plus one.

• Accounting period is 0.