You need to create a budget register entry that will spread the amount you enter into the line across multiple business units based on the revenue from the previous quarter. What should you do?

Question

Options

• ACreate a financial dimension default template and apply it to the budget register entry.
• BCreate a financial dimension set and apply it to the budget register entry.
• CCreate a derived financial hierarchy and apply it to the budget register entry.
• DCreate a budget allocation term and apply it to the budget register entry.

• A
  14% (4)
• B
  3% (1)
• C
  7% (2)
• D
  76% (22)

Explanation

Allocate budget register entries You can allocate budget register entries across periods or to financial dimensions. Budget allocation terms define the percentage of a budget register entry that is allocated to specific financial dimension values. For example, a percentage of the travel budget can be allocated to various departments. Note: Use the Budget allocation terms form to define the financial dimension values and the percentages that are used to generate budget allocations. These budget allocation terms provide an automated way to distribute percentages of budget amounts across financial dimension values. For example, a travel budget can be allocated to multiple departments by using one budget account entry. Not C: Derived financial hierarchies give organizations a more flexible approach to grouping transactions for ad hoc analytics. This allows them to categorize transactions without having to expand the account structure to include the additional categories or dimensions they want to

No community discussion yet for this question.