Course Description for Budgeting Process

This course includes information on the following processes:

Basic Data and requirements

Create Budget Process

Handle Budget Process

Course Length

The estimated time to complete the Budget Process course is 4 hours.

Target Audience

This course was designed primarily for employees working in a financial department, with budget process.

Basic Data and Requirements

This chapter covers how to set up basic data that is required in the system before you can start working with the main exercises.

Prerequisites

Before taking the lessons in this chapter, you should have basic knowledge about how to work with IFS Applications.

Chapter Length

The estimated time to complete this chapter is 0.5 hour.

Target Audience

This chapter was designed primarily for employees working in a financial department, with budget process.

Create Budget Process

This chapter covers how to define an entire Budget Process, i.e. define Budget Process, Budget Templates and Budget Template Structure and how the different Budget User Roles are interacting.

Prerequisites

Before taking the lessons in this chapter, you should have completed the Basic Data and requirement chapter.

Chapter Length

The estimated time to complete this chapter is 1.5 hour.

Target Audience

This chapter was designed primarily for employees working in a financial department, with budget process.

 

Handle Budget Process

This chapter covers how to manage an entire Budget Process, top-down & bottom-up, and how to update Business Performance and General Ledger Budget.

Prerequisites

Before taking the lessons in this chapter, you should have completed the Create Budget Process chapter.

Chapter Length

The estimated time to complete this chapter is 2.0 hour.

Target Audience

This chapter was designed primarily for employees working in a financial department, with budget process.