Budget Period Status Options

Budget period statuses affect the budgetary control validation result.

The following table shows the budgetary control validation results for each budget period status.

Budget Period Status	Budgetary Control Validation Funds Status Result	Funds Status Failure
Never opened	Fail	Budget period not open for control budget
Available for budgeting	Pass for budget entries	N/A
Available for budgeting	Fail for all other transactions	Budget period not open for control budget
Open	Pass	N/A
Close pending	Fail for: Budget imported with initial budget as the budget entry classification All subledger transactions enabled for budgetary control except for the final close action on a purchase order	Budget period not open for control budget
Close pending	Pass for: Budget imported with budget revision as the budget entry classification General Ledger and subledger journal entries Final close action on a purchase order including: Carry Forward Purchase Order Budgetary Control Balances process Manual final close action on a purchase order	N/A
Closed	Fail	Budget period closed for control budget
Permanently closed	Fail	Budget period not open for control budget

Note: The close pending status can be used to limit budgetary control validation of General Ledger and subledger journal entries only while completing month-end or year-end close tasks. This prevents consumption of a control budget’s funds available balance by subledger transactions and prevents changes to a control budget’s initial budget amount.