Setting

Definition

Budget is active

If the budget is not active, it will not participate in automatic roll-ups and will not be available for selection via various drop-downs (such as on catch point screens).

Description

Short description of the budget

Fiscal Year

The fiscal year for the budget.  This should be in the form of a four digit year.

Organization

At minimum, a budget must have a fiscal year defined and some sort of business ownership.  There up to three settings to define business ownership - Organization, Department, and Cost Center.  One, two, or all three may be used, in any combination.  At least one must be filled in.

Organization to which this budget applies.

Department

Department to which this budget applies.

Cost Center

Cost center to which this budget applies.

Status and Dates (area)

The status of the budget and various activity dates along with the person who originally submitted the budget and the person who approved it (if approved)

Financials (rolled up)

The various summary level financials.  This section is read-only is the totals are summed from the various budget line items and their corresponding actuals.