Budget monitoring enables you to display the current budget of a budget structure element, and allows you to see how much of this budget has been used up and how much is still available.

The overall budget must have the budget status Released, Completed, Locked, Released provisionally, or Being revised.

You can use the Budget Monitoring function to display the following information on a budget structure element:

• Name of budget structure element
• FM area, fund, funds center, and commitment item
• Period being monitored
• Current budget
• Allocatable budget
• Distributed budget
• Application of budget

• Available budget (distributable budget minus application of budget)