General Ledger Budgeting

A general ledger budget is a plan for the revenue and expense accounts in your general ledger, typically used to maintain control over costs. You can enter general ledger budgets on an enterprise-wide basis or by organization.

You use the General Ledger Budgeting form to enter general ledger budgets. You develop budgets at the beginning of each fiscal year and monitor them on a regular basis.

After you establish general ledger budgets, you can use the Profit Planning Monitor, a general ledger report that draws information from your general ledger budgets, to monitor budget information.

If you use multiple companies, you can also use consolidation groups to consolidate budgets for a set of companies, or for a specific company in the group.