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Former Member

Commitment Carryforward for Annual Budgets in MYB system

My client is activating Multi-year budgeting. With it on, you can no longer carry forward commitments at all - including for those Funds with Fund Types identified as "Annual". This causes a problem for those Annual Funds, which operate on an annual budgetary basis. For those Annual Funds, any commitments used in the new fiscal year must consume budget in the new year. How can we do this if commitment carryforward isn't allowed for all - including Annual Funds?

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2 Answers

  • Dec 18, 2017 at 08:20 AM

    Hi,

    What do you mean by 'activating multi-annual budget'? Is the system operational? If 'yes', then it is not just about a switch of the flag.

    As for annual funds, did you set the horizon for AVC control, based on fund source master data?

    Regards,

    Eli

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    • Reassignment will not post it to new year, but you can play with your FM objects. For example, you have a fund source Y1, which is budgeted in year 2017. You have PO consuming this budget, which remains open. Then, you can budget fund source Y2, which would represent the budget for commitments from previous year and make the reassignment to it. You can also make a program which would scan these reassignments and transfer the budget from Y1 to Y2 accordingly. Would be even more proper to use FM object 'budget period' for this purpose.

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    Former Member
    Jan 04 at 03:05 PM

    Thanks, Eli. We took a step back to reconsider things. We're going to hold off on the MYB for awhile. Thanks, again, for you help on this.

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