Budgeting settings
Field
Description
Process definition
Select the definition that matches the process type.
Process code
Enter a code for the process.
Process name
Enter a name for the process.
Forecast level
Select the forecast level:
Cash flow: Financial statements are shown at cash flow level, and input in Income & Expenditure is entered at cash flow level.
General ledger: Financial statements are shown at general ledger level, and input in Income & Expenditure is entered at general ledger level.
Reporting language
Select the language in which the valuation report is generated.
Presentation currency
The currency of a process in assets as recorded in the R&A database.
Synchronize data for reporting & analysis (R&A)
Select one of the following options:
Yes - All process data is always updated in R&A.
No – No data from this process is available in R&A.
Pause – Process data is not updated in R&A; existing process data remains in R&A (only available after creating the process).
Basis of value
Select the basis for the value: Market value, Market value RJ645, Investment value, Fair value.
Period type
Specify the period type:
Calendar year: Financial statements are shown in calendar years.
Forecast year: Financial statements are shown in forecast years aligned with fiscal years.
Budget type
Specify the budget type: Initial budget or Update budget. If you select Update budget, you must select a value in the Initial budget field.
Initial budget
Only available when the budget type is set to Update budget. The pick list includes only closed initial budgets.
Start date budget
Enter the budget's start date. If the budget type is set to Update budget, the start date from the selected initial budget is used and cannot be edited.
Budget period
Enter the budget period in months. If the budget type is set to Update budget, the budget period from the selected initial budget is used and cannot be edited.
Reference date
Specify the reference date: Valuation date or Start date forecast.
Valuation date
If Valuation date is selected as the reference date, enter the valuation date here. The start date forecast begins one day after the valuation date.
Start date forecast
If Start date forecast is selected as the reference date, enter the start date here. The valuation date is one day before the start date forecast.
Deadlines
Define a deadline per step.