No Carry forward of commitments

[Former Member]

Hi,

I know that we can carry forward commitments with associated budget . Similarly if we want, we can also carry forward Residual Budget.

My question is suppose, if we are not carrying forward anything what will be the impact of executing PO in current year for the PRs of last year.

Lincy

[former_member332492]

Hi tom,

If we are not carry forwarding Consumed budget/residual budget to next year, System check the budget against the PO account assignment elements and stops in posting the PO.

Either you have to carry forward the consumed budget or allocate the sufficient budget for PO elements in next year.

Regards

Sam

[iklovski · Accepted solution]

Hi,

It depends on the settings of your FM update profile. If the value types are marked as PBET relevant, then you have to perform carry-forward. Otherwise, if it's fiscal year based tracking, carry-forward is not necessary. All activities will be available even if you don't perform CF. However, for better system transparency, carry-forward is a factor, you wouldn't like to skip.

Regards,

Eli