Consolidating account budget

This page allows you to consolidate selected finance book for the account code budget.

Select the “Consolidate Account Budget” link under the “Account Based Budget” business component.

The “Consolidate Account Budget” page appears.

The system displays the following field:

Company Name

The name of the login organization unit.

Enter the following fields:

Consolidation Option	Use the drop-down list box to select the consolidation option. The options available are
	Financial Year – Select the year to consolidate the financial years account budget in the finance book.
	Financial Period - Select the financial period to consolidate the financial periods account budget in the finance book.
	The system displays the “Financial Year” by default.
Financial Year	Use the drop-down list box to select the financial year. The system displays all the open financial year in the drop-down list box. The financial year must be defined in the “Create Calendar” activity of the “Accounting Setup” business component. The system displays the current open financial year by default.

Note: The financial year must not be consolidated earlier.

Financial Period

Use the drop-down list to select the financial period for the financial year. The financial period must be defined in the “Create Calendar” activity of the “Accounting Setup” business component. The system lists all the open financial period for the selected financial year.

Click the “Get” pushbutton to finance book.

The system displays the following fields in the “Search Result (S)” multiline:

Note: The system displays all the open finance books.

Finance Book	The code identifying the finance book.
Finance Book Description	The textual description pertaining to the finance book.

Check the box in the “Select” column of the multiline to mark the finance book for consolidation.
Click the “Consolidate” pushbutton to consolidate the account budget.

The system saves the details and consolidates the budget amount for the main finance book. The system also consolidates the selected finance book for the account code budget and gives the main finance book ID.

The system displays the following:

Created By	The login ID of the user who consolidated the account budget in the finance book.
Created Date	The date on which the account budgets was consolidated.