Budget Structures
What does the CORE Budget Structure do?
CORE’s budget structure tracks and controls all financial management transactions that are generated from the other business areas, as well as maintain accounting accuracy and mandated controls.
What does Central Expense track?
Central Expense tracks spending activities centrally for all organizational parties.
What does Central Revenue track?
Central Revenue tracks revenue activities centrally for all organizational parties.
What does Combined or "Both" Structure track?
Combined or "Both" Structure tracks both expense and revenue activities at a common chart of accounts level for all organizational parties.
What is Decentralized Expense?
Decentralized Expense allows expense activities to be controlled independently by groups at various levels of an organization entity, at a lower or different level than a central expense budget.
What is Decentralized Revenue?
Decentralized Revenue allows revenue activities to be controlled independently by groups at various levels of an organizational entity, at a lower or different level than a central revenue budget.
Why Can't I Find Budget Transactions?
With the CORE Upgrade, there were some changes, which occurred with budget structures. The budget structures in CORE4 changed from structures 90,91,92,93, and 94(currently in 3.9) to structures 190,191,192,193 and 194 (in 4). The change will apply to both the document codes and BQ screens.
For example:
BGA90 in 3.9 will now be BGA190
BQ90LV3 in 3.9 will now be BQ190LV3