Overview:
After setting up Financial Budget Weight Factors, you can use this window to apply those weight factors by Organizational Unit and Budget type. For each OU/Budget type combination, you can optionally use this process to enter the General Ledger Account #, the Financial Budget Weight Group, and Annual Amount to have PENTA automatically allocate out the annual budget amount across the 12 periods using the weight factors previously setup. This process will save your organization a lot of time, if your budgets are manually entered/calculated in PENTA using weight factors.
Benefits:
- Streamline the Budget entry process
Roles:
- Accounting Manager
- CFO
Location:
- Financial & Accounting > Data Entry > Budget/History Information > Annual Financial Budget Allocations
Video: