Budget Preparation Steps : 1, Set up
Budget Preparation Steps
1, Set up
a) Planning CTL-> General Ledger i) Define Budget(Open Next Year) OrgnYYExpBudMCL OrgnYYExpBudACL ii) Define Budget Relationship OrgnYYExpBudMCL <=>OrgnYYExpBudACL iii) Define Budget Orgn(Budgetary Conrol) Ctrl+F11 -> select ***MCL Click 'Ranges' {1800&1900 => Absolute 2000-3999 => Advisory} Select Range->Budgetary Control ->Add the new budget b) Planning CTL -> PSB i) Global Account Set: 1.Orgn Position Account Set 2.Orgn Non Position Account Set ->Include valid range for preparation ii)Budget Group: ->Hierarchy of budget preparation ->Access control in budget preparation iii)Budget Parameter: ->Formula for forecasting ->Create only the name without formula iv)GL Budget Set: ->Ledger, Budget and Account Range for posting