Project Management

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    Traci Kawaguchi
    Reconcile Budgetary Control and Award Balances
    Topic posted August 1, 2019 by Traci KawaguchiGreen Ribbon: 100+ Points, tagged Capital Projects, Grants Management, Project Management, Public Sector 
    37 Views, 1 Comment
    Reconcile Budgetary Control and Award Balances
    Looking for a way to reconcile budgets to award balances

    I am looking for a way to reconcile the balances in my budgetary control to the balances in my awards.

    We went live in Oracle Fusion in October 2018 and all the project related budget was dumped into a temporary account we've called Project Extravaganza, which allowed us to continue to process payments without hitting our absolute control limit, but because we potentially converted more in budget than was awarded, i need to be able to reconcile the budget with the award to know that no other project is "stealing" from another.

    If anyone has any tips, tricks, reports, analyses or advice, I'd really appreciate the help!