Manage Budget Transaction Types

Use the Manage Budget Transaction Types task to define budget transaction types used in the federal budget execution process.

Here’s the list of attributes that you can define for a budget transaction type:

Attribute	Description
Type	Name of the budget transaction type.
Description	Description of the budget transaction type.
Federal Group	Federal group assigned to the budget transaction type.
Budget Level	Budget level assigned to the budget transaction type.
Authority Type Code	Authority type assigned to the budget transaction type.
Close Budget	Identifies if the budget transaction type is used for year-end closing.
Require Trading Partner	Identifies if the trading partner is required.
Require Reduction Type	Identifies if the reduction type is required.
Enabled	Identifies if the budget transaction type is enabled.
Debit	Debit GL account for the budget transaction type.
Credit	Credit GL account for the budget transaction type.

Note: Multiple debit and credit pairs can be defined for a budget transaction type.

To define a budget transaction type, perform these steps:

1. In the Setup and Maintenance work area, go to the Manage Budget Transaction Types task:

   • Offering: Financials

   • Functional Area: U.S. Federal Financials

   • Task: Manage Budget Transaction Types

2. Click the Add icon.

3. Enter values for the required attributes.

4. Click Save and Close.