Defining budget structures

Budget structures define levels for cost reporting. There are six levels available, but only one is required. Budget structures can be used by multiple budgets in a specific organization.

To define budget structures:

  1. Select Operations > Budgets > Budget Structures.
  2. Click New Record.
  3. Specify this information:
    Organization
    Specify the organization to which the budget structure hierarchy belongs if you use multi-organization security.
    Budget Structure
    Specify a name for the budget structure, and then enter a budget structure description in the adjacent field.
    Calendar Type
    Specify the calendar type for the budget structure.
    Level 1
    Select the first level of the budget structure hierarchy.
    Level 2
    Select the second level of the budget structure hierarchy.
    Level 3
    Select the third level of the budget structure hierarchy.
    Parent
    Specify a parent for the budget structure hierarchy.
    Note: If the chosen parent contains budget structure levels, the levels will be copied to the new budget structure.
    Level 4
    Select the fourth level of the budget structure hierarchy.
    Level 5
    Select the fifth level of the budget structure hierarchy.
    Level 6
    Select the sixth level of the budget structure hierarchy.
  4. Click Save Record.
Parent topic: Defining budget setup information