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Budget Structure - Former Budgeting

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OCPS uses Former Budgeting and the Budget Structure in Funds Management.  We work with Annual Values.

 

The Functional staff uses FM9K to maintain and change the Budget structure.  Occasionally, staff forgets to leave the fiscal year blank when defining a budget object in the structure.  The result is that the ending validity date is set to the year prior to the Fiscal Year entered in the transaction.  Budget has already been assigned to the current FY; The only way that we have overcome this is to rebuild the entire structure in the current year for the affected Fund. 

 

Is there a way to extend the ending validity date in Former Budgeting?

 

If not, what are the issues with setting the Budget Structure "From" value to the current fiscal year at the beginning of each fiscal year?

Fund 001.JPG

Thanks,

 

Patrick Smith


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