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Projects - EBS (MOSC)

Project Budget Compliance

Jan 29, 2014 9:06PM edited Jan 31, 2014 6:29AM in Projects - EBS (MOSC) 1 commentAnswered

Hi Folks,

Can anyone help me out in Project Budget compliance whether the functionality is possible in Projects :

Abilitity to define different Project budgets versions that is integrated with GL Funding budgets.

When a Project Budget is baselined, accounting entries should be created on GL based on the Project/Task, expenditure Type , organisation and Available funds for the CAPEX budget reduced accordingly

Ability to counter-check the cost incurred against the budget amount to ensure that project cost does not overrun.

If a purchase requisition is raised for a project, system will check against this percentage variance and prevent this requisition if it exceeds the percentage (Budgetary control)

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