Hierarchical Budget: Implementation Checklist
The following table provides details you can use to ensure that the system is configured properly for the preparation 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) form | 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) form | 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) form | Check whether the necessary accounts have been created. | |
| Master Financial Calendar (GL201000) form | Be sure that calendars for the financial years for which budgets will be created have been generated. | |
| Budget Configuration (GL205000) form | Make sure that the relevant budget structure has been configured, as described in Budget Tree: Implementation 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.