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Budgetary Control Setup and Funds Inquiry Diagnostic Available!

Adriana Bacila
Senior Principal Technical Support Engineer

General Ledger incorporated many features and tools to create, maintain and track budgets, supporting also a variety of budgeting methods that facilitate specific reporting. Planning and implementing budgeting setup according to the business requirements need to be done very carefully; mapping such business needs on the available features may sometimes require more dedicated time and multiple setup reviews until completion.

Incorrect setup for budgeting may lead to: 

  • overspending budgets
  • overstated funds available which may determine incorrect business decisions
  • incorrect reporting on funds
  • bad accruals created in the system

Finding the setup cause for such undesired consequences was many times difficult even for the most experienced users. It just got Simple!

A new General Ledger Budgetary Control Setup and Funds Inquiry Diagnostic is now available to centralize setups and availability of funds!

Budget Diagnostic Sample

What's available inside?

  • budget and organization setup
  • budget organization account ranges
  • summary templates setup and associated summary accounts
  • detail code combinations associated to summary accounts
  • budgetary control group setup
  • funds inquiry/availability
  • calendar definition for the year

This will definitely save some time, download it now!

R12: General Ledger Budgetary Control Setup and Funds Availability/Inquiry Diagnostic (Doc ID 2079451.1)

comes just in time for new year budgeting setup and changes overview!

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