Oracle Cloud Tutorials for beginners: Budgetary Control Overrides and Budget Transfers with Practice

Описание: In this topic, we're going to look at Oracle Cloud budgetary control overrides and budget transfers with practical example

Budget Transfer:
You can make budget transfers from the Review Budgetary Control Balances page for budget accounts that have existing balances, including zero balances.

Use the Transfer Budget button to select the budget accounts for your budget transfer and initiate the budget transfer form. To transfer annual budget between accounts even when the budgets are broken down by month, search by year to date and last period of the year to get annualized amounts before you select the accounts for transfer.

Use the Allocation Method on the Budget Transfer form to decide whether you want the transfer to update First budget period or All budget periods equally.

If you use Budgetary control to update budgets in both Budgetary Control and General Ledger, you can specify appropriate budget usage and budget scenario in the budget transfer form to update both budgets.

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