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Budget Journal for Requision and Purchase order feature available in Oracle Fusion or Not?

edited Sep 11, 2024 2:14AM in Budgetary Control 1 comment

Summary:

The Client wants to maintain Budget Journals for Requisition, Purchase order and actual expenditure. In EBS system will generate the budget journals for requisition, Purchase order and actual expenditure by enabling Require budget journals options.

Queries:

  1. Whether this feature is available in Fusion or not? If available,
  2. Please provide a detailed setup to enable the budget journals,
  3. Navigation to see the budget journals in requisition, Purchase order and payables dashboard? (We tried enabling encumbrance accounting for one of the BU But were unable to find the Budget journals created or not?)
  4. As per my research Fusion doesn't have this feature and Budget balance stored in Budget/ GL Cubes but we track the Budget Journals (Requisition-Committed, Purchase order - Obligation, Actual _Expenditure)

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