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Budget Carryforward process

Dear All

I have the following scenerio.

Original Budget (2010)- 100

Released Budget(2010)-100

PO commitment(2010) - 20

Actual (2010)- 30

Assigned Budget(2010)-50

Available budget(2010)-50

I want to Carryforward budget in 2011. Please let me know the steps.

Note: In our scenerio, Investment management is not used.

Thanks in advance .



Former Member

Commitment Carry forward:

Open commitments are correctly reduced in the old fiscal year

if you process them further in the new. (For example, a purchase

order from 2009 can be reduced by an invoice arriving in 2010.)

Closing open items:

You can close open commitment (open commitments such as purchase

requisitions, purchase orders)

before the commitment carryforward and delete parked FI documents

if amounts not consumed should be returned to the budget.


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