Submit a HEAT ticket by 02/16/18 if your organization wants to update Control Budget Definitions for FY 2019

posted Feb 6, 2018, 10:02 AM by Peyri Herrera
Organizations interested in updating their Control Budget Definitions for Fiscal Year (FY) 2019 must submit a HEAT ticket by Friday, February 16, 2018. In the ticket, provide information about the Control Budget Definition update you are interested in implementing. Approval from Finance Management is required prior to proceeding with any updates. Your ticket will be routed to the Post Implementation Team for review and next steps.

Summary information about Control Budget Definitions:
  • Definition rules offer various options for controlling expenditures against budgets. 
  • Options allow organizations to decide on the best level of budget control to avoid overspending. 
  • Options range from controlling budgets by designated ChartFields such as Fund, Resource and/or Site down to defining the controls at the full ChartField level. 
  • Cutover to the updated Control Budget Definition will be the first day of the FY on July 1, 2018. 
  • Updated Control Budget Definitions must be in place prior to creating any transactions for the new FY 2019. This includes budget journals and purchase requisitions for FY 2019. 
For further information about Control Budgets, please contact Sally Morton (sally.morton@sdcoe.net).