Budgets to Reporting
Corporate Budget is
Budget
Preparation
Preparation of
consolidated budget
proposal for approval of the
Planning and Budget
Committee
Only the approved and
final budget will be
uploaded
Upload Approved
Budget
(Corporate Budget)
Budget can be entered
manually or automatically.
Pre-defined Excel
spreadsheet will be used to
upload budget amounts
unfreeze to perform Manage Budget
budget revisions (Addition,
Transfer, Recall,
Reallocation)
Approve and Post
Unposted Budget
Freeze /Unfreeze
Corporate Budget
Journal Inquire and
Generate
Budget Report
Unposted Budget Corporate Budget is
journal is reviewed frozen to prevent Inquire/Generate
Posted Budget Journal unauthorized budget Budget Reports
Report is generated revisions
Period Close to Financial Reports
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Define Budget
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R11i

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Define Organization
R11i R12

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Define Organization
R11i R12

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Define Organization
R11i R12

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Load Budget
R12

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Define Budget

Corporate
Budget Name Budget 2017
1,500,000.00

Budget A Budget Org B Budget Org C Budget Org

Organization 500,000.00 500,000.00 500,000.00
(Cost Center)

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Define Budget
TOP-DOWN BUDGET HIERARCHY SAMPLE

Budget Name Corporate

Budget 2017 LEVEL 1
(Master Budget) 1,000,000.00 Top Level

Budget Organization A Budget B Budget

Org Org LEVEL 2
(Division) 500,000.00 500,000.00

Budget Organization A1 Budget A2 Budget B1 Budget B2 Budget

Org Org Org Org
LEVEL 3
(Cost Center) 250,000.00 250,000.00 250,000.00 250,000.00 Lowest Level

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