Finance | Project Operations, Human Resources, ...

Budget Planning and financial dimensions/account structures

(0) Share

Report

Posted on by Marianna

Hello,

a customer has setup a number of financial dimensions for posting in the ledger. However, for budgeting purposes, they would like to record amounts only on a subset of main account-financial dimension combinations.

For example: Division+Product type+Cost unit would be required by the ledger account structure; for budgeting, Cost unit would be enough.

I have setup the subset of financial dimensions for budgeting under "dimensions for budgeting" in the budgeting module, as well as in the budget planning configuration. However, when I input some figures and want to submit a budget plan, the system throws an error message saying that some financial dimensions required by the account structure/advanced rule structure from the general ledger are missing.

Is there a parameter, setup or workaround to achieve this?

I have the same question (0)

All responses (7)

Answers (0)

Suggested answer

Sandeep Chaudhury 3,303 on at

Like (0)

Report

RE: Budget Planning and financial dimensions/account structures

Marianna, It is difficult to guess and suggest solutions. :) Based on your responses so far, ti seems your configs are spot on. You will need review your advanced rules properly to see if the culprit is there. In y view, the error is stemming from the advanced rules you have.

Was this reply helpful? Yes No
Marianna 22 on at

Like (0)

Report
RE: Budget Planning and financial dimensions/account structures

Hi everyone,

thanks for your replies. In response to your suggestions:

Budget control is not enabled nor configured yet. I'd only like to use budget planning for now.

I have added the selected dimensions we would like to budget on to a ledger dimensions set, and selected this one under budget planning configuration --> layout. This dimensions are added to the account structure via advanced rules, as they are not all required for all main accounts.

Any other idea/suggestion?

Regards,

Marianna

Was this reply helpful? Yes No
Suggested answer

Rahul Mohta 21,028 on at

Like (0)

Report

RE: Budget Planning and financial dimensions/account structures

pls suggest if our responses helped

Was this reply helpful? Yes No
Michael agostini on at

Like (0)

Report

RE: Budget Planning and financial dimensions/account structures

Marianna I believe you need to import your budget where each import has the same account structures. In other words only include main accounts with the same account structures for a budget import

Thanks

Was this reply helpful? Yes No
Suggested answer

Rahul Mohta 21,028 on at

Like (0)

Report

RE: Budget Planning and financial dimensions/account structures

ledger dimension set used in budget planning configurations-layout is key

Was this reply helpful? Yes No
Suggested answer

Junaid Idrees on at

Like (0)

Report

RE: Budget Planning and financial dimensions/account structures

Hey Mariaana,

What i understand from your requirement, you want to define budget on <Account + Cost unit>

check the following configurations:

1. Budget Planning Configuration >> Layout Tab >> Ledger dimension set (make sure all those dimensions are part of account structure & the same dimensions are selected in dimension for budgeting screen)

2. Budget control configuration >> Make sure all dimensions are selected in "Budget control dimension Grid"

3. Are you using any "Budget control rules" ?

If you still didn't succeed, then let me know, I'll tell you another way to troubleshoot this issue further :)

Was this reply helpful? Yes No
Suggested answer

Sandeep Chaudhury 3,303 on at

Like (0)

Report

RE: Budget Planning and financial dimensions/account structures

Mariaana,

Do you have Budget control enabled ? If yes, make sure the Dimensions for budgeting includes all the dimensions the Account structure requires.

Was this reply helpful? Yes No