Overview of Budgetary Control Inquiry and Reporting
Oracle Fusion Budgetary Control is an integrated solution with advanced budgetary control preparation, validation, inquiry, and reporting.
This helps public sector and commercial organizations define and manage budgets and
actual costs with better visibility into commitments, obligations, and expenditures, and
comply with legal requirements. Budgets can be integrated with Oracle Hyperion Planning,
Oracle Project Management Cloud, and your third-party budget preparation solutions
through Oracle Fusion Budgetary Control's open interface. Budget managers can monitor
fund balances, review budget exceptions, and control periods in which funds consumption
can occur. During transaction entry, users can preview funds available and engage budget
managers to resolve funds failures. Users can perform real time inquiry and reporting of
funds available complete with funds consumption analysis across multiple summarization
and formats using any of these out-of-the-box features:
- Budget Monitor
- General Accounting Infolets for Budget Consumed and Funds Available
- Review Budgetary Control Balances
- Oracle Budgetary Control Predefined Reports