Create Start Values

Explanation

This activity is used to initiate budget values either from balances, existing budget values, or from a combination of balances and existing budget values.

Prerequisites

Before creating start values, the following must have been completed:

• The budget version to be initiated with budget values must exist in Budget Versions.

System Effects

As a result of this activity, the budget values are created to an existing budget version.

Window

Initiate Start Values

Related Window Descriptions

Initiate Start Values

Procedure

Use the following procedure to initiate the budget values:

1. Create a new budget version in Budget Versions. The budget status must be Active.
2. Mark the version, then select the Initiate Start Values operation. Budget year, budget version, description, and budget status are displayed automatically in the Initiate Start Values dialog box.
3. Mark Year Values GL, Balances if you want to initiate the budget values from year values in the general ledger.
4. Mark Period Values GL, Balances if you want to initiate the budget values from period values in the general ledger.
5. Mark Year Values GL, Balances and Budget if you want to initiate the budget values as a combination of year values in the general ledger and a specified budget version.
6. Mark Period Values GL, Balances and Budget if you want to initiate the budget values as a combination of period values in the general ledger and a specified budget version.
7. Specify From Accounting Year, From Accounting Period, Until Accounting Year, Until Accounting Period.
8. Specify Budget Year and Budget Version if the initiation values are based on existing budget values.
9. You can limit the scope of the initiation by specifying an account interval.