Setting User Preferences to Access Automatic Generation Of Parent Budgets. Oracle PeopleSoft Enterprise 9.1, 9.1 PeopleBook

Below you will find brief information for PeopleSoft Commitment Control 9.1 PeopleBook. This manual explains how to set up, configure, and use PeopleSoft Commitment Control. It includes detailed instructions on creating budgets, tracking expenditures, and managing exceptions.

PDF

Document

Entering and Posting Commitment Control Budget Journals

Page Name

Commitment Control

Activity Log

Definition Name

KK_ACT_LOG_INQURY

Budget Journal Exceptions

KK_XCP_HDR_GL2

Chapter 7

Navigation Usage

Commitment Control,

Review Budget Activities,

Activity Log, Commitment

Control Activity Log

You can also click the

Budget Header Status link after the successful posting of originating journal entries to view the generated parent budget impact.

View the impact of child budget generation for automatically generated parent budget journals.

Commitment Control,

Review Budget Check

Exceptions, General

Ledger, Budget Journal,

Budget Journal Exceptions

You can also click the

Budget Header Status link after the successful posting of originating journal entries to view the generated parent budget impact.

View errors encountered in the edit and generation of parent impacts resulting from processing of originating child budget journals.

Setting User Preferences to Access Automatic Generation Of Parent Budgets

Access the General Ledger page (Set Up Financials/Supply Chain, Common definitions, User Preferences,

Define User Preferences, User Preferences, General Ledger).

Chapter 7 Entering and Posting Commitment Control Budget Journals

User Preferences - General Ledger page (Budget Post Options)

Setting Budget Post Options

After you have the necessary security access and have set up child and parent budgets with the desired budget hierarchy, use the Budget Post Options and the Skip Entry Event Processing option to set user preferences for the automatic generation of parent budget journals from their child budget journal entries.

Skip Entry Event

Processing

Select this check box to skip entry event processing for budget journals.

See Chapter 7, "Entering and Posting Commitment Control Budget Journals," Running the Entry Event

Processor for Budget Journals, page 234.

See PeopleSoft Enterprise Application Fundamentals 9.1 PeopleBook, "Using Entry Events," Using Entry

Events with Commitment Control Budgets.

225

Key features

Budget checking
Budget management
Transaction processing
Exception handling
Reporting
Integration with PeopleSoft and third-party applications

Frequently asked questions

PeopleSoft Commitment Control is a software module that helps organizations manage their budgets and track their financial commitments.

PeopleSoft Commitment Control uses a system of budgets and rules to track financial commitments. When a transaction is processed, PeopleSoft Commitment Control checks to see if the transaction is within the budget limits. If the transaction is within the budget limits, it is processed. If the transaction is not within the budget limits, an exception is generated.

PeopleSoft Commitment Control can help organizations to improve their financial management, reduce their risk of overspending, and increase their compliance with financial regulations.