Defining budget terms

Budget terms consist of a calendar type defined by start and end dates. You can include a single budget term in multiple budgets.

To define budget terms:

  1. Select Operations > Budgets > Budget Terms.
  2. Click New Record.
  3. Specify this information:
    Organization
    Specify the organization to which the budget term belongs if you use multi-organization security.
    Budget Term
    Specify a name for the budget term, and then enter a budget term description in the adjacent field.
    Calendar Type
    Specify the calendar type for the budget term. The system automatically populates Number of Periods.
    Start Date
    Specify the start date for the budget term.
    End Date
    Specify the end date for the budget term.
  4. Click Save Record.
Parent topic: Defining budget setup information