Amending budget header details

This page allows you to amend the header details of an authorized budget. Tell me more

Select the “Amend Budget” link provided in the “Select Budget” page.

The “Amend Budget Header” page appears.

The system displays the following in the “Budget Details” group box:

Budget No.	The number identifying the budget.
Version No.	The number identifying the version of the budget.
Status	The status of the budget. It must be “Active”.
Desc.	The description of the budget.
	Zoom facility available
Aggregate / Period	Indicates whether a comprehensive budget or a budget for a period has been defined. It could be “Aggregate” or “Period”.
	Aggregate – indicates that the budget is a comprehensive budget defined for a date range. This aggregate budget can be split among the MAC periods that are present in the effective date range as per specific seasonality patterns.
	Period – indicates that the budget is defined for MAC periods that are covered in the date range during which the budget is effective. If the parameter “Control Totals for Budgets” has been set as “Yes”, an authorized aggregate budget must be available earlier for a period budget to be created.
Definition Type	Indicates the entity for which the budget is to be defined. It could be “Cost Center”, “Cost Center - Cost Element”, “Cost Center - Product” or “Cost Element – Product”.
	Cost Center – indicates that the budget is being defined for a detail cost center.
	Cost Center – Cost Element – indicates that the budgeted amounts and quantities can be specified at the cost element level for the individual cost centers. This type of budget is used in analysis, comparison and reporting purposes.
	Cost Center – Product – indicates that budget amounts and values for items and item variants can be specified for consumption or product output from a cost center for an accounting period. This type of budget is used to generate material variance reports for cost centers.
	Cost Element – Product – indicates that the output / product budget quantities can be specified for cost elements that have been incurred to produce manufactured items for an accounting period. Quantity and value budgets can be specified. This type of budget is used to generate standard item costs based on the budgeted output of items and their respective input costs.
Budget Type	Indicates the type of the budget. It could be “Quantity”, “Value” or “Both”.
Budget OU	The organization unit for which the budget is being defined.

Amend the following fields in the “Budget Details” group box:

Responsibility	The login ID of the valid Enterprise user or the code identifying the employee (Alphanumeric, 15).
	Help facility available
Org. Unit	Use the drop-down list box to select the organization unit to which the person who is responsible for the budget belongs. All the organization units in which the “Employee Master” business component has been installed and that have been mapped to the business unit will be available for selection in the ascending order.

Note: The organization units will be available for selection if the “Restrict Access to Budgets at User Level” parameter has been set as “No” in the “Set Parameters” activity.

Effective Date

Use the drop-down list box to select the date from which the budget is effective. All the start dates of the MAC periods that have been defined for MAC years that are in the “Open” status will be available for selection in the chronological order. The system displays the effective date of the budget by default.

Note: The date selected in this field must be before the date selected in the “Expiry Date” field. The date selected in this field must be the same as or before the date selected in the budget header. . If the budget has more than one version, you cannot modify the effective date.

Expiry Date

Use the drop-down list box to select the date till which the budget is effective. All the end dates of the MAC periods that have been defined for MAC years that are in the “Open” status will be available for selection in the chronological order. The system displays the expiry date of the budget by default.

Note: The date selected in this field must be the same as or later than the expiry date selected in the budget header. . If the budget has more than one version, you cannot modify the expiry date.

Enter the following fields in the “Range Selection – Cost Center / Unit” group box to retrieve cost center / units for which you want to amend the budget details or to retrieve cost center / units that you want to include in the budget:

Note: All the fields in this group box must be left blank if “Cost Element – Product” is selected in the “Definition Type” field.

Cost Center Structure ID.	The code identifying the cost center structure (Alphanumeric, 10). This cost center structure must have been created in the “Cost Setup” business component and must be in “Active” status. The effective period of the cost center structure must be within the effective duration of the budget.
	Help facility available

Note: This field must not be left blank if a value is entered in the “Entry Point” field.

Cost Center From

The starting code in the range of cost center codes for which you want to amend the budget (Alphanumeric, 10).

Note: The code entered in this field must be the same or before the value entered in the “To” field.

To	The ending code in the range of cost center codes for which you want to create or modify an existing budget (Alphanumeric, 10).
Entry Point	The code identifying the group cost center that you want to retrieve (Alphanumeric, 10). This cost center must be a valid cost center in the cost center structure entered in the “Cost Center Structure ID” field.
	Help facility available

Enter the following fields in the “Range Selection – Cost Element” group box to retrieve cost elements for which you want to amend the budget details or to retrieve cost elements that you want to include in the budget:

Note: All the fields in this group box must be left blank if “Cost Center” or “Cost Center – Product” is selected in the “Definition Type” field.

Cost Element Structure ID.	The code identifying the cost element structure (Alphanumeric, 10). This cost element structure must have been created in the “Cost Setup” business component and must be in “Active” status.
	Help facility available
Cost Element From	The starting code in the range of cost element codes for which you want to amend the budget details (Alphanumeric, 32).

Note: The code entered in this field must be the same or before the value entered in the “To” field.

To	The ending code in the range of cost element codes for which you want to amend the budget details (Alphanumeric, 32).

Enter the following fields in the “Range Selection – Item Code (Product)” group box to retrieve items for which you want to amend the budget details or to retrieve items that you want to include in the budget:

Note: All the fields in this group box must be left blank if “Cost Center” or “Cost Center - Cost Element” is selected in the “Definition Type” field.

Item Org. Unit	Use the drop-down list box to select the organization unit in which the item for which you want to define a budget has been created. All the organization units in which the “Item Administration” business component has been deployed will be available for selection in the alphabetical order.
Item Code From	The starting code in the range of item codes that you want to retrieve for creating a budget along with a cost center or a cost element (Alphanumeric, 32).

Note: The code entered in this field must be the same or before the value entered in the “To” field.

To	The ending code in the range of item codes that you want to retrieve for creating a budget along with a cost center or a cost element (Alphanumeric, 32).
Item Group	The code identifying the item group (Alphanumeric, 10).
	Help facility available
Item Variant From	The starting code in the range of item variants that you want to retrieve (Alphanumeric, 36).

Note: The code entered in this field must be the same or before the value entered in the “To” field.

To	The ending code in the range of item variants that you want to retrieve (Alphanumeric, 36).

Enter the following fields in the “Accounting Period” group box:

Accounting Period From

Use the drop-down list box to select the starting accounting period for which you want to retrieve the cost center, cost elements or item details for which you want to modify the budget. All the MAC periods that fall within the specified date range will be available for selection in the chronological order. The system displays the effective date of the budget by default.

Note: The accounting period selected in this field must be before the period selected in the ”To” field. The date selected in this field must be same as or after the “Effective Date” if the budget is a “Period” budget. The date selected in this field must be the same as the “Effective Date” if the budget is an “Aggregate” budget.

Use the drop-down list box to select the ending accounting period for which you want to retrieve the cost center, cost elements or item details for which you want to modify the budget. All the MAC periods that fall within the specified date range will be available for selection in the chronological order. The system displays the expiry date of the budget by default.

Note: The date selected in this field must be before or same as the “Expiry Date” if the budget is a “Period” budget. The date selected in this field must be the same as the “Expiry Date” if the budget is an “Aggregate” budget.

Amend the following fields if required in the “Increase / Decrease Details” group box:

Percentage Increase Or Decrease

The percentage of increase or decrease to be applied on the selected budget (Integer).

Note: The percentage of increase or decrease can be entered in this field if the “Increase / Decrease” field is checked in the “Edit Options’ group box.

Budget Type	Use the drop-down list box to select the type of budget that you want to increase or decrease. You can select from “Quantity”, “Value” or “Both”. The system displays the budget type selected in the budget header by default on launch of the page.
From Period	Use the drop-down list box to select the start date from which the budget must be increased or decreased. All the start dates of the MAC periods that fall within the effective period of budget will be available for selection.

Note: The date selected in this field must be before the date selected in the “To Period” field. The date selected in this field must be within the dates selected in the “Accounting Period From” and “To” fields.

To Period

Use the drop-down list box to select the end date till which the budget must be increased or decreased. All the end dates of the MAC periods that fall within the effective period of budget will be available for selection.

Enter the following fields in the “Edit Options” group box:

Details	Use the drop-down list box to select whether you want to retrieve the filtered cost center, cost elements or item details for modifying the budget. You can select from “Filter” or “Get”.
	Filter – indicates that the selected range of cost centers, cost elements or items that form a part of the budget must be retrieved for modification.
	Get – indicates that a new range of cost centers, cost elements or items will be retrieved to be included in the budget.
	The system displays “Get” by default on launch of the page.

Note: If “Filter” is selected, at least one range of values must be entered in the “Range Selection” group box.

Increase / Decrease

Check the box provided alongside if you want to increase or decrease the existing budget.

Note: You cannot set the budget as a default budget if the “Define Default Budgets” has been set as “No” in the “Set Parameters” activity. You can make a budget as a default budget only if it is in the “Active” status.

Click the “Save” pushbutton to save the amendments that have been made.

The system saves the amendments made to the budget details. The system also stores the login ID of the user and the system date along with the amended budget details.

Note: You can mark only a “Cost Center – Cost Element” period budget of the type “Both” as default.

Click the “Make as Default” pushbutton to mark the budget as default budget.

The system marks the budget as the default budget.

To proceed, carry out the following

Select the “Amend Budget Details” link at the bottom of the page to amend the budget details.
Select the “Distribute Budget” link at the bottom of the page to distribute the budgeted values.
Select the “Attach Notes” link at the bottom of the page to record your observations.
Select the “Collaborate” link at the bottom of the page to record or to view the observations or comments or discussions regarding the document.

Amending budget header details – An overview

You can modify the organization unit for which the budget has been created and the date range during which the budget is effective.

This page also provides you a facility to search and retrieve cost centers, cost elements and item groups from the existing budget, so that you can increase or decrease the budget. You can also retrieve new cost centers, cost elements and item groups that can be included in the existing budget. If the budget is a “Both” budget, this page also provides you the facility to increase or decrease only the quantity or only the value of the budget. You can also increase or decrease the budget for selected period that falls within the budget duration. The system saves the amendments made to the budget details. The system also stores the login ID of the user and the system date along with the amended details.

This page also allows you to set the amended budget as the default budget for the accounting period. You can set only one budget as the default budget for a period.