You can configure a Budget period for a period of one year. The configured Budget period is used to create new Budgets.
To configure a new Budget Period:
- Select Procurement > Configuration > Budget.
- On the BUDGET page, click CONFIGURE BUDGET PERIOD on the ACTIONS panel. The BUDGET PERIOD pop-up page is displayed.
Figure: BUDGET PERIOD pop-up page - Fill in the fields on the BUDGET PERIOD pop-up page and then click SUBMIT. For more information about the fields on the BUDGET PERIOD pop-up page, see Field Description.
Field Description
The following table describes the fields on the BUDGET PERIOD pop-up page:
Field | Description |
|---|---|
Budget Period Display Name | Specify the Display Name for the Budget Period that you want to configure. |
Start Month/Year | Select the Start Month/Year of the Budget Period. |
End Month/Year | Select the End Month/Year of the Budget Period. Note: You must not create Budget Periods that overlap with each other. |
Active | If selected, the Budget Period configuration becomes active. |
LIST | |
Include Inactive Records | If selected, the Inactive Budget Period configurations and displayed along with the active Budget Period configurations. |
Budget Period | Displays the configured Budget Period. The Budget Period is displayed from the Start Year |
Budget Period Display Name | Displays the configured Display Name of the Budget Period. |
Start Month | Displays the Month when the Budget Period is started. |
End Month | Displays the Month when the Budget Period is completed. |
Active | Displays the Active status of the Budget Period configuration. |