Working with the Former Budgetary Ledger 

Purpose

The budgetary ledger is designed to comply with legal requirements in the United Status, which stipulate that posting be made to G/L accounts representing the provision and consumption of budget.

There are no specific budgetary ledger transctions that impact budget. You can view the effects in the various transactions.

Prerequisites

You have:

·        Activated the budgetary ledger by assigning update profile 0600 to the relevant FM area in the Implementation Guide.

·        Carried out other customizing work described in Preparing the Former Budgetary Ledger

Process Flow

The process is best illustrated by means of an example.