Budget Transfers

The Enter Budget Transfer component uses the same pages as the Enter Budget Journals component, and you process and post transfers just as you do regular budget entries, with the following exceptions:

• The Budget Header page in the Enter Budget Transfer component has different budget entry type options, namely, Transfer Original and Transfer Adjustment.

• Journal lines must balance.

• The Enter Budget Transfer component is subject to the Budget Transfer security event.

You can transfer amounts only between budgets within a single Commitment Control ledger group and business unit combination.

If the control option for a budget is control, then a transfer cannot reduce the budget amount below previously committed amounts. But if the control option is track with budget, then a transfer that reduces the budget amount below total commitment amounts can pass budget checking.

You also have the option to automatically generate parent-level budget adjustments from child budget adjustment entries.

See Generate Parent Budgets, Budget Adjustments, and Budget Transfers Automatically.

See Generating Parent Budgets, Budget Adjustments and Budget Transfers Automatically.