Statistical Budgeting

You can use statistics codes in Commitment Control to track non monetary amounts to facilitate financial analysis and reporting. Set up statistical budget checking in the Budget Definitions component by selecting Enable Statistical Budgeting on the budget definition. Statistics budgets do not have rules and settings separately defined; instead, they follow the settings in the regular hierarchy. The Budget Processor bypasses rather than fail source transactions that do not have a statistics code entered.

Note:

While statistical budgeting can still be used at the ledger level, it is not supported by funding source functionality and cannot be tracked at the funding source level.

When the budget processor relieves budgetary commitments in the procure-to-pay document flow (liquidations), if the successor document has the same statistics code as that of its predecessor, the predecessor document statistical amount will be liquidated, just as it is with the monetary amount liquidation. However, if the successor does not have the statistics code or has a statistics code but it is different from its predecessor's, the predecessor's statistical amount will not be liquidated. This is because the system cannot determine how much to liquidate. In such cases, the successor passes budget checking, but a warning exception message, No Stat Liquidate - Diff Code, is logged.

If you establish associated budget links between statistical budgets, the statistical code value must be the same for the expenditure and the revenue budget combination because the budget processor gets the revenue amounts by using the statistical code of the expenditure budget.