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Finance | Project Operations, Human Resources, ...
Answered

Create and Track budget in consolidation level

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Posted on by 29
Hi Team,
 
I have company scenario that, Budget is created by one holding company. Budgets are created using departments in the holding company. Now client wants to use that budget in the subsidiary company. How subsidiary company can use budget loaded in holding company and what are the setups we need to do?
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  • Verified answer
    Frank Hamelly | MVP, MCP, CSA Profile Picture
    46,627 Moderator on at
    You'd have to load the budget in the subsidiary company.  One company can't use another company's budget.  You could probably accomplish this in Financial reporter with the right configuration of Reporting tree & Column definition.
  • Suggested answer
    Ramit Paul Profile Picture
    22,803 Most Valuable Professional on at
    Hi,
     
    I agree with Frank, Budget "CONTROL" works LE wise, it doesnt support consolidated budget.

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