Approve Budget/Forecast
Explanation
This activity may be done by the budget/forecast owner who approves the
budget/forecast
directly, or by using a pre-defined approval routing where individuals can
approve the budget/forecast in parallel or in sequence.
A budget/forecast may be approved either from status Reviewed if no approval routing
exists or from status Approval in Progress if approval steps have been defined
on the approval routing linked with the budget/forecast.
Prerequisites
- Budget/forecast lines if defined must be confirmed prior to approval.
- The budget/forecast version must have the status Reviewed or Approval in
Progress.
- If approval steps have been defined for the budget/forecast version they must be
completed.
- If approval steps have been defined, the approval process cannot contain
any steps with the status Rejected.
System Effects
The Status Approved is assigned to the budget/forecast version.
Window
Project Forecasts
Project Forecast
Related Window Descriptions
Project Forecasts
Project Forecast
Procedure
Use the following procedure to approve a budget/forecast version:
- Open the Project/Project Navigator window and
right click and select the Project Forecast/Project Forecasts
menu option, which will open the Project Forecast/Project
Forecasts window with the related forecasts for the project.
You can also open up the Project Forecast/Project Forecasts
window to perform this activity.
- Query for the budget/forecast version that you want to set
to Approved.
- Right click, click Status and then click Approve.