Defining Current, Expired, Unexpired and Closed Budgets

Use the Budget Definition - Control Budget Options page to select one of the ChartFields supported in Commitment Control as budget keys to identify the budget that you are controlling for current, expired, unexpired and closed status. Processing transactions against expired, unexpired or closed budgets are predicated on these dates. Budget Period is not available for this purpose. Budget period must be between begin and expiration dates to be considered for unexpired accounting adjustment, while budget period must be between expiration and end dates to be considered for expired accounting adjustment.

Use the Budget Definition - Prior Year Adjustment ChartField page to define the values for the Prior Year Adjustment ChartField and the begin date, unexpired option, expiration date, and the end date for an Prior Year Adjustment ChartField value.

See Budget Definition - Prior Year Adjustment ChartField Page.