Budget Value Display

Use

As well as the controlling area currency, it is also possible to display the budget values in the views in the object and transaction currencies. You can use the View In box to select the currency in which the total and annual budget values are to be displayed. This list box is only displayed in the element or annual overview if values are available in another currency, or if one of the following occurs:

  • At least one of the objects to be budgeted (order or WBS element) has an object currency that is different to the controlling area currency
  • The Availability Control in Object Currency indicator is set in the budget profile for the order or project
  • The budgeting currency is the (freely definable) transaction currency and the currency field is not blank on the initial screen for budgeting

Features

Some values can be displayed only in the controlling area and/or object currencies.

  • Distributed Value
    The total of the current budget (see below) for a WBS element or lower-level WBS elements. The distributed values can be displayed only in the controlling area and object currencies.
  • Distributable value
    This is the difference between the current budget and distributed value. The distributable values can be displayed only in the controlling area and object currencies.
  • Assigned value
    Total of commitment and actual postings. The assigned value is only displayed if availability control is active. If availability control checks in the controlling area currency, the assigned value is only displayed in the controlling area currency, and if availability control checks in the object currency, the assigned value is only displayed in the object currency.
  • Current Budget
    Original budget that was changed by budget updates (supplements, returns, and transfers).
  • Release
    Based on the released budget from the current budget
  • Cumulated value
    Total of the annual budgets. The system determines the cumulated value always using only the values in the currency that you are currently using for processing the budget.
  • Remaining value
    Difference between overall budget and cumulated. The system determines the remaining value always using only the values in the currency that you are currently using for processing the budget.
  • Previous year
    The system determines the values from the previous year always using only the values in the currency that you are currently using for processing the budget.
  • Plan total

The Plan total consists of the following

 

Structure planning value (independent of cost element)

+

Cost element planning value

+

Unit costing value

+

Value of the additive orders for a project, meaning the orders assigned to this and all lower-level WBS elements.
( = Overall planning value that is cost element independent + Value of cost element planning + Unit costing values)

+

Value of the additive networks and network activities that are assigned to this and all lower-level WBS elements.
( = Plan costs of the networks or activities)

=

Plan total

Note that after budget updates are made by supplements, returns, and transfers, the displayed values (such as the distributed value) are always based on the current budget, not the original budget.

Activities

Choose Settings -> Scaling factor to select the currency units for displaying the budget values in 1, 10, 100, 1,000, 10,000, 100,000 or millions (**0 to **6) and to set the number of decimal places.