Budget Based on an Existing Budget: Implementation Checklist
The following sections provide details you can use to ensure that the system is configured properly for preparing a budget based on an uploaded budget, and to understand (and change, if needed) the settings that affect the processing workflow.
Implementation Checklist
We recommend that before you initially prepare a budget, you make sure the needed features have been enabled, settings have been specified, and entities have been created, as summarized in the following checklist.
| Form | Criteria to Check |
|---|---|
| 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. |
| GL functionality | Make sure that the general ledger functionality has been implemented, as described in General Ledger: 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. |
| Budgets (GL302010) | Make sure that a simple budget has been created and released as described in Simple Budget: Process Activity. |
Additional Configuration
The following table provides details of additional configuration needed for the preparation of a simple budget.
| Form | Settings to Check | Notes |
|---|---|---|
| Multiple forms | If your company uses subaccounts, the subaccounts have to be configured, as described in Subaccounts: Implementation Activity. |
Validation of Configuration
To make sure that all configuration has been performed correctly, we recommend that in your system, you prepare a budget based on an uploaded budget by performing instructions similar to those described in Budget Based on an Existing Budget: Process Activity.