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:
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Select Operations > Budgets > Budget Structures.
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Click New Record.
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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.
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.
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Click Save Record.