Core TSIs : Budgets : Working with Budgets : Closing budgets : Modifying closed contract line budgets
Modifying closed contract line budgets
It is possible to modify the budget amount on a contract line, even after the budget is closed.
The budget amount can be modified in the following situations:
If the budget is already closed but the financial year is still open -
To modify the budget amount, another budget with the same code can be created to register the changes.
If both the budget and financial year are closed -
To modify the budget amount, the next open financial year can be used to register the changes.
If the budget linked via a fixed project is closed -
To modify the budget amount, create a new budget and link this budget to a new contract line to register the changes.