Budget Return

[Former Member]

Hi Eli,

I hv a small doubt...

Budget Return - Is budget return is used to return the excess budget to SUPERIOR FUND CENTER & COMMITMENT ITEM?

Kindly highlight the business knowledge, as to when,where & how do we use this functionality.

Regards,

Purnima

[iklovski]

Hi,

Budget return in BCS is simply a process of decreasing the budget on the relevant budget line.

Regards,

Eli

[Former Member]

Hi Eli

Sending from Fund center A/ Commitment Item A. But which is the receiving Fund center / Commitment item.

Regards,

Purnima

[iklovski]

Hi,

In this case, it's not a 'return', but a 'transfer'. When you do the transfer, indeed, you have to state the sender and the receiver, while in 'return' there is only 'sender' whose budget is being decreased.

Regards,

Eli

[Former Member]

hi

But where the excess buget goes?

I understood about decreasing i.e it decreases from a specific fund center/commitment item ...but the budget should also increase somewhere!!!

Regards,

Purnima

[iklovski]

Not at all! Imagine, you have a budget of 100 and, then, you want to decrease it to 60. In this case, you do not 'send over' the 40, but simply make the currently available budget less than it was put originally.

[Former Member]

Hi

Thank you Eli

Regards,

Purnima

[Former Member]

Hi Experts

Thanks for sharing

Regards,

Purnima