Budget No.

The number identifying the budget.

Version No.

The number identifying the budget version.

Status

The status of the budget. It could be “Fresh”, “Active” or “Inactive”.

Desc.

The description of the budget.

Aggregate / Period

Indicates whether the budget is a comprehensive budget or a period budget. 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 has been 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.

Item Org. Unit

The organization unit in which the item has been created.

 Responsibility

The code identifying an employee or the login ID of a valid Enterprise user.

Org. Unit

The code identifying the organization unit to which the employee belongs.

Default Status

Indicates whether the budget is a default budget. It could be “Yes” or “No”.

Effective Date

The date from which the budget is effective.

Expiry Date

The date till which the budget is effective.

Cost Center / Unit

The code identifying the cost center / unit.

Cost Element

The code identifying the cost element.

Item Code

The code identifying the item.

Item Variant

The code identifying the item variant.

Budget Span

The date range covered by the budget. The system displays the effective date and the expiry date of  an aggregate budget.

Qty.

The budgeted quantity.

Amount

The budgeted amount.

Accounting Period

The accounting period for which the budget has been defined.

Variable Rate / % for Flex Budgeting

Indicates the flat rate or the percentage of variability of the amounts specified for a cost element used in defining flexible budgets.

Variable Proportion for CE – Product

Indicates the proportion of the variability of the input costs of cost elements specified in the budget defined for the “Cost Element – Product”.

Created By

The login ID of the user who created the budget.

Created Date

The date on which the budget was created.

Last Modified By

The login ID of the user who last modified the budget details.

Last Modified Date

The date on which the budget was last modified.