Validate country budgets in Global settings under workforce compensation

Summary:

Hello Experts,

I am trying to get an understanding of validate country budgets option under global settings. I did a search on the community forum and could find few posts -there is a mention of it being replaced by budget groups. This is still visible under configure global settings. How this field is being used in worksheet Or is there a report which outlines budget value per country?

It's beneficial to know its functionality for plans with worker level budgeting so that plans can be configured correctly?

Thanks in advance.

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