Enter Recalculation Rules

Explanation

Use this activity to specify recalculation rules and to use them for different budget versions. The same recalculation rule can be used for several budget years and budget versions. The rules are performed in the order in which they are entered. For example, if the first rule is 10% on account 3010 and the second rule is 20% on account 3010, then the account 3010 is calculated twice.

Prerequisites

Before entering a recalculation rule, the following must have been completed:

• The company must exist in IFS Financials.

System Effects

As a result of this activity, a recalculation rule exists in the company.

Window

Budget Recalculation Rules

Related Window Descriptions

Budget Recalculation Rules

Procedure

Use the following procedure to enter a recalculation rule:

1. Open Budget Recalculation Rules.
2. Use the New function to enter a new recalculation rule. Enter information on the code parts, percentage, and period.

When you enter information on the code part, there are several ways of marking the code parts:

• Enter a fixed value for the code part. Example: Code part A 3001.This means that only the fixed code part value is recalculated.
• Enter a percent sign (%). Example: Code part A
3%. This means that all code part values starting with number 3 are recalculated.
• Enter an underscore ( _ ). Example: Code part A
_3_ _. This means that all code part values containing number 3 in the second position are recalculated.
• Do not specify any value for the code part. This means that only code parts having no value are recalculated. Note: Code part A (account) must always be specified.