GL> Utilities> Calculate Budgets

Calculate Budgets

 

Summary

 

The Calculate Budgets tool is used to recalculate the fiscal year budget for all GL accounts set up as Budgetable in a specified fiscal year. When this tool is used, the system will use the Adopted Budget value plus or minus any budget adjustments for the year to calculate the value assigned to the Budget field.

 

Step by Step

 

• Open the Calculate Budgets window (GL> Utilities> Calculate Budgets).
• Select the Fiscal Year for the GL accounts you would like to recalculate. Only those GL accounts marked as Budgetable will be included.
  • Accounts are set up as Budgetable on the Chart of Accounts Maintenance window (GL> Maintenance> Chart of Accounts> General tab> Account is budgetable toggle). Click here for information on Chart of Accounts Maintenance.
• Click the Submit button to recalculate the budgets for the specified fiscal year.