Modifying a Hierarchical Budget: Implementation Checklist
The following table provides details you can use to ensure that the system is configured properly for the modification of a hierarchical budget, and to understand an additional configuration task that can affect the processing workflow.
| Form | Things to Check | Notes |
|---|---|---|
| Enable/Disable Features (CS100000) | Make sure that the Standard Financials feature has been enabled. | |
| Multiple forms | Make sure that the minimum configuration of the company has been performed, as described in Company Without Branches: General Information, Company with Branches that Do Not Require Balancing: General Information, and Company with Branches that Require Balancing: General Information. | |
| Ledgers (GL201500) | Make sure that the ledger to which the budget should be posted has been created, as described in Budget Ledger: General Information. | |
| Chart of Accounts (GL202500) | Check whether the necessary accounts have been created. | |
| Master Financial Calendar (GL201000) | Be sure that calendars for the financial years for which budgets will be created have been generated. | |
| Budget Configuration (GL205000) | Make sure that the relevant budget structure has been configured, as described in Budget Tree: Implementation Activity. | |
| Budgets (GL302010) | Make sure that a hierarchical budget has been created, as described in Conversion of a Simple Budget to a Hierarchical Budget: Process Activity or Hierarchical Budget: Process Activity. |
Configuration Tasks That Can Affect the Processing Workflow
If your company uses subaccounts, the Subaccounts feature has to be enabled on the Enable/Disable Features (CS100000) form. In this case, make sure that the budget structure has all account-subaccount pairs that are used for budgeting on the Budget Configuration (GL205000) form.
Validation of Configuration
To make sure that all configuration has been performed correctly, we recommend that in your system, you modify a hierarchical budget by performing instructions similar to those described in Modification of a Hierarchical Budget: Process Activity.