Purpose

The functions in this component support you in creating budgets. The budget is allocated according to a defined budget profile and various budget versions. You can allocate overall budgets or annual budgets. You can only allocate an overall budget if you are using a fund.

With the functions of this component, you can allocate your budget on the top-down principle or the bottom-up principle. You define the basic rules for the budget allocation in the budget structure, a procedure which makes allocating budgets at central level or local level easy. The rules defined in the budget structure include which responsibility area (funds centers) may use the budget for which expenditure categories (commitment items) and how the budget may be distributed within the budget hierarchy to the individual funds centers and commitment items.

You can adapt the budget to changes in conditions by entering releases, supplements, returns, and transfers.

Features

There is a wide range of tools for maintaining budgets. You can: