Viewing budget details

This page allows you to view all the details of the budget. You can view the common details of the budget like the type of the budget, the entity and the organization unit for which the budget has been created. You can also view the details of the entities for which the budget has been created and the budgeted quantity and amount. You can also view the duration of the budget.

Select the “View Budget” link provided in the “Select Budget” page.

The “View Budget” page appears.

The system displays the following:

Budget No	The number identifying the budget.
Version No	The number identifying the budget version.
Status	The status of the budget. It could be “Fresh”, “Active” or “Inactive”.
Description	The description of the budget.
Aggregate / Period	Indicates whether the budget is a comprehensive budget or a period budget. It could be “Aggregate” or “Period”.
	Aggregate – indicates that the budget is a comprehensive budget defined for a date range. This aggregate budget can be split among the MAC periods that are present in the effective date range as per specific seasonality patterns.
	Period – indicates that the budget is defined for MAC periods that are covered in the date range during which the budget is effective. If the parameter “Control Totals for Budgets” has been set as “Yes”, an authorized aggregate budget must be available earlier for a period budget to be created.
Definition Type	Indicates the entity for which the budget has been defined. It could be “Cost Center, “Cost Center - Cost Element” or “Cost Center – Analysis – Cost Element” (CC- Analysis- CE).
	Cost Center – indicates that the budget is being defined for a detail cost center.
	Cost Center – Cost Element – indicates that the budgeted amounts and quantities can be specified at the cost element level for the individual cost centers. This type of budget is used in analysis, comparison and reporting purposes.
	Cost Center-Analysis-Cost Element (CC- Analysis- CE) - indicates that you can specify the budget at the analysis code level for the individual Cost Center-Cost Element combination. This type of budget is used in analysis, comparison and reporting in different dimension.
Budget Type	Indicates the type of the budget. It could be “Quantity”, “Value” or “Both”.
Budget Org Unit	The organization unit for which the budget is being defined.
Responsibility	The code identifying an employee or the login ID of a valid Enterprise user.
Org Unit	The code identifying the organization unit to which the employee belongs.
Default Status	Indicates whether the budget is a default budget. It could be “Yes” or “No”.
Effective Date	The date from which the budget is effective.
Expiry Date	The date till which the budget is effective.
Budget Definition At	Indicates the basis on which the budget is to be defined, which could be Company Level or Finance Book Level
Budget Category	The category to which the budget belongs.

The system displays the following in the “Budget Details” multiline:

Finance Book	Indicates the finance book for which budget definition is to be made, which could be Finance Book Level or Company Level
Cost Center / Unit	The code identifying the cost center / unit.
Cost Element	The code identifying the cost element.
Analysis #	The code identifying the analysis. The analysis code entered in this field must be a valid analysis code that has been defined in the ‘’Account Based Budget’’ business component and is in the ‘’Active’’ Status. At least one analysis code must be entered in the ‘’Budget Details’’ multiline if the ‘’Definition Type’’ is Cost Center – Analysis – Cost Element (CC- Analysis- CE). Multiple sub analysis code can be mapped to an analysis code .
Sub Analysis #	The code identifying the sub analysis. The analysis code entered in this field must be a valid sub analysis code that has been defined in the ‘’Account Based Budget’’ business component and is in the ‘’Active’’ Status. Sub analysis code must be entered in the ‘’Budget Details’’ multiline for the ‘’Definition Type’’ Cost Center – Analysis – Cost Element (CC- Analysis- CE). This field is mandatory only when sub analysis code has been mapped to the analysis code which is being specified for a line
Accounting Period	The accounting period for which the budget has been defined.
Quantity	The budgeted quantity.
Amount	The budgeted amount.
Actual Amount	The amount/cost incurred based on actual transactions for definition types- Cost Center, Cost Center-Cost Element and Cost Center-Analysis-Cost Element (CC- Analysis- CE) .
Variance	The difference between the budgeted amount and actual amount.
Variance %	Indicates the percent of variance which is arrived by dividing the result of variance (difference between the budgeted amount and actual amount) by Budgeted Amount .
Approver Details	The code identifying the employee by whom the budget is approved.
Remarks	Any comments pertaining to the budget.

The system displays the following:

Created By	The login ID of the user who created the budget.
Created Date	The date on which the budget was created.
Last Modified By	The login ID of the user who last modified the budget details.
Last Modified Date	The date on which the budget was last modified.