Procedure - Creating Budget Records

This procedure can be used by companies that fully utilize the Controlling module (and have the Controlling management flag active in the company master data), as it allows you to populate the tables in the Budget Area that were already used in previous major releases for budgeting purposes.

At the top, select the budget to use with the appropriate combo box; in the grid, you will see the sub-budgets of type cost center, the only ones that make sense to read in order to populate the budget areas: at the bottom of the form, you will need to set the area to assign and the ledger template to use.

The Create off-balance budget records button will create the off-balance budget records that can be searched in the dedicated form. The second button, Create budget records history, will directly populate the budget history, which can also be viewed from the dedicated form.

This second option allows you to directly populate the actual budget database, so you can proceed directly with the reclassification comparison in order to analyze the variances between the Budget Area and the Actuals Area.