Edit Cost Budget – A summary of the activity
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This activity allows you to search and select a cost budget for which you want to modify the budget details. You can modify the details of the budget that is in the “Fresh” status. This activity allows you to modify all the budget header details. You can also modify the budget details. This activity also allows you to distribute the budgeted amount and quantity between the various accounting periods based on the seasonal adaptation pattern.
This activity also allows you to modify the details of the seasonal adaptation pattern. You can also record your observations regarding the modified budget.
Getting familiar with the pages inside
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Go to page… |
For… |
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Select Budget |
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Edit Budget Header |
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Edit Budget Details |
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Distribute Budget |
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Edit Seasonal Adaptation |
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Attach Notes |
What you can do in this activity
Modify seasonal adaptation details
The details of a cost budget can be modified if the budget is in the “Fresh” status. You can modify the common header details and the budget details of the selected budget.
Go to “Edit Budget Header” page.
Modify the required header details.
Go to “Edit Budget Details” page.
Modify the required budget details.
The amount or the quantity of a period budget can be distributed among the accounting periods with the help of a seasonal adaptation pattern. A period budget can be distributed based on the selected aggregate budget.
Go to “Distribute Budget” page.
Distribute the budget.
A budget that is in the “Fresh” status can be authorized. The system updates the status of the budget after authorization as “Active”. Modifications cannot be made to the budget that is in the “Active” status.
Go to “Edit Budget Details” page.
Authorize the budget.
Go to “Distribute Budget” page.
Authorize the budget.
Modify seasonal adaptation details
A seasonal adaptation pattern allows you to distribute costs in a particular ratio or percentage for accounting periods. The details of the seasonal adaptation pattern can be modified.
Go to “Seasonal Adaptation” page.
Modify the seasonal adaptation details.