1. Working with Planning Modules
  2. Working With Financials
  3. Working with Budget Revisions and Integrating with Budgetary Control
  4. Reserving Funds

Reserving Funds

Once the budget revision is ready, the funds check is successful, and optionally the budget revision is approved (if you are using the approvals process), reserve funds in the Budgetary Control control budget associated with the revision.

  1. From the Home page, click Financials, then Budget Revisions, and then Manage Revisions.
  2. Right-click a revision, click Revision Options, click Funds Reserve, enter approval comments, and then click Launch.

When you launch Funds Reserve:

  • The budget revision is pushed to Budgetary Control, invoking the funds reservation process in Budgetary Control, reserving funds for any updated cell values. You see a message when funds reservation is complete.

  • If the funds aren't available, the funds reservation fails and you'll see the reasons for the failure.
  • The revision status is set to Approve.
  • In EPM Planning Financials, the delta of the data from the revision is pushed to the Working version in the Adopted Budget scenario and is reflected in the Net Current Budget.
  • The revision is cleared. Clearing the revision is important because your administrator sets a limit on the number of revisions that can be active at one time.

You can review the budget entry changes in Budgetary Control.