Showing posts with label GL - Budget Statuses in Oracle General Ledger. Show all posts
Showing posts with label GL - Budget Statuses in Oracle General Ledger. Show all posts

Tuesday, June 16, 2015

Budget Statuses in Oracle General Ledger

Oracle ebusiness  suite>Oracle Financial> Oracle General Ledger (GL)


Question of the Day!!  

                 

Module: Oracle General Ledger


Question:  What are the budget Statuses?


Ans : 
 The status of a budget can be
Open –  Budget is available for update and entry

Current – Budget is open and is the default budget when you use most budgeting and inquiry forms. You can have only 1 current budget for each set of books.

Frozen – Budget is unavailable for update or budget entry. However, you can unfreeze any budget or budget element that is currently frozen.