Select this option to use posting definitions to record budget appropriations in the general ledger for budget register entries. ...

Select this option to use posting definitions to record budget appropriations in the general ledger for budget register entries. In the Budget parameters page, you must select a budget journal name for the budget appropriation before you can select this option. Budget appropriations represent budget amounts on the balance sheet. They are used to record the estimated revenues and the impact on fund balances in the general ledger for financial reporting. As budget register entries are posted, a general ledger posting must also be generated, which affects the budget appropriations and budgetary fund balance accounts. By using posting definitions with budget register entries, budgets are also recorded in the ledger.
English
English (United States)
日本語
Japanese