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Budget Amount for the new implementation

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We have budget in ebusiness suit R12, Now We are implementing Oracle fusion. This is question regarding Budget migration to Oracle Fusion

In R12.

One Account code - We have budget for the period Jan-2023 to Dec-2024 - each period 1000. - Total - 24,000.

From Jan-23 to Dec-2023, Budget consumed to 8000, for the budgeted account code.

PO is Reversed for budget - Now it is open PO for migration to Oracle fusion.

AP Invoice - Reversed for the Budget - Now it is open AP Invoice for migration to Oracle fusion.

Balance in Budget - 4000 as on 01-Jan-2024

For the year 2024, We are going to use Oracle fusion. for the Budget balance - We will create budget in Oracle fusion for the Budget balance.

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