Deltek Vantagepoint Help

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Reopen All Approved Budgets in a General Ledger Budget Group

If you have the appropriate access rights, you can reopen all approved budgets in a general ledger budget group. You may need to modify the approved budgets at the middle of the year because of changes in forecast (for example, changes in revenue projections).

Reopened budgets overwrite the earlier versions of the budgets. If you need to keep a record of the earlier versions, you can copy the existing budgets, rename and modify them, and have them go through the approval workflow as new items.

If the organization uses multiple companies:
  • Employees can only reopen budgets that are associated with their company.
  • Only employees associated with the workflow of the budgets being reopened can do so.

Prerequisite: Open a General Ledger Budget Group.

To reopen a budget that was already approved:

  1. On the toolbar of the General Ledger Budgeting Group form, click Approvals > Reopen All.
  2. Optional. Add a comment in the Reopen All text box, and click OK.
When the budgets are reopened, any condition specified for the last step of the workflow is disregarded, including conditions that automatically set the budgets to be approved.