Activities
1. Determine which budget types you need in your organization
2. Choose New entries or Copy
3. Enter a four-character code and a text for each budget type
4. For each budget type, specify the following:
a) Whether the budget type is a monetary budget, if so, select the field Mon.budget
b) Whether the budget type is a non-monetary budget, if so, enter a unit of measurement.
c) If you want to be able to use the budget type in the Compensation Administration component, select the field Allocat
5. Repeat steps 2 to 4 until you have entered all the budget types you need.
6. Save your entries.