Why is Budget Checking Required After Closing a Fully Vouchered (Liquidated) Purchase Order (PO)?
Last updated on NOVEMBER 30, 2017
Applies to:PeopleSoft Enterprise SCM Purchasing - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.
We noticed the Budget Status reflects ‘Not Valid’ after the close process changes the PO Status to ‘Complete’. Is the Budget Status of ‘Not Valid’ ok or should a budget check be run after the PO is closed so the status again reflects ‘Valid’?
it seems when a PO is closed via the Batch Process or buyer's workbench the budget status also changes from ‘Valid’ to ‘Not Chk’d’. when the encumbrance total is $0.00?
Does it matter that the budget status reflects ‘Not Chk’d”.
Can you help me understand why a budget check on a PO with a $0.00 encumbrance is necessary when closing the PO.
Does it make any difference after closing the PO to make the budget status as Valid, if encumbrance balance is already $0.00
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms