Control Budget Options

Determine how a transaction is controlled during budgetary control validation using the validation options for control budgets. Set up the following options:

• Control level:

  • Absolute: Stops transaction processing if there are insufficient funds after the tolerance.

  • Advisory: Provides a warning if there are insufficient funds after the tolerance.

  • Track: Provides no notifications or warnings about insufficient funds. This control level is used to report on funds consumption with no impact on the transaction lifecycle.

  • None: Provides no budgetary control validation. Funds aren't reserved and transactions aren't tracked. This control level is often used with supplemental rules.

• Tolerance: The acceptable amount or percentage over the budget amount. A warning appears when the tolerance is exceeded.

• Override: An option to continue if budgetary control fails due to insufficient funds based on funds available by period and account, or because the budget period is closed.

• Supplemental rules: Exceptions to the control level and tolerance settings.