Your customer wants to control spending against an annual budget but report balances on a monthly year-to-date basis. Encumbrance accounting is also in use. What setup is required to achieve this…

Question

Options

• ACreate an annual budget with absolute control and so encumbrance accounting will work.
• BCreate a summary budget annually with advisory control and control budget monthly with
• CCreate a Summary budget annually with absolute* control and monthly control budget with
• DCreate two detail control budgets: annually with absolute control and monthly with advisory or
• ECreate two detail control budgets: annually with advisory/track control and monthly with absolute

• A
  11% (6)
• B
  2% (1)
• C
  82% (45)
• D
  4% (2)
• E
  2% (1)

No community discussion yet for this question.