Creation of Budget Structure Elements During a Financial Year 

Use

You can use this function to create new budget structure elements in your released overall budget. This means you can adjust your overall budget to take the current situation into account.

You have received third-party funding to cover the personnel costs of a research project. You can create a budget structure element for these funds in your overall budget.

However, you cannot allocate budget funds because the current overall budget is in the execution phase (budget status Released). For this reason, you have to assign the budget to the budget structure element using budget updates and transfers.

A supplementary budget is awarded, meaning that you have a new budget structure element in your overall budget. You can use this function to insert the new budget structure element into your HR budget hierarchy, and assign it a budget by means of budget updates and transfers.

Prerequisites

The overall budget must have the budget status Released.

Features

You can add further budget structure elements to your budget hierarchy. Using budget updates and transfers, you can assign budgets to the new budget structure elements.

 

See also:

Creating Budget Structure Elements During a Financial Year