Budget restrictions

[MaheshMModak]

Hi,
Well has anyone worked on budget more in detail. What our client requires is that whenever the actual exps are incurred then they should be validated against the budgeted amount. If the actual exps exceed the budgeted amount then the system shouldnt allow the user to book the voucher.
My knowledge says there isnt any standard functionality for the same.
Awaiting valuable suggestions.
Regards,
Mahesh

 

[vasuvv2300]

Mahesh
Catch it at the purchase order stage- Non stock purchasing - standard functionality on budeget checking. If the users want to stop vouchering then tell them they already have a liability created as the goods/Services might have been received.

 

[MaheshMModak]

Hi Vasu,
Well thats about transactions made thru procurement. But what exps travelling and other stuff incurred and entered only in financials module.
Awaiting valuable suggestion

 

[vasuvv2300]

No issues. You will have travel reimbursement forms in your company. Instead use the PO(Non stock). Let this PO go through an approval route which is the same as your reimbursement form going through approvals on paper. Let the users enter the transactions instead of filling forms, this way you are capturing transactions at source.