My following article on Oracle Application published in ‘Oracle Metalink Customer Knowledge Exchange‘. The Doc ID: Note: 553588.1
How we Track Purchasing Commitment with our Reporting Budget Without Using Encumbrance Accounting
In our 22.214.171.124 apps installation we are using reporting budget only (without budgetary control and not using encumbrance accounting). It was not possible for our ‘Budget & Planning’ team to track real-time purchasing commitment. But they needed to know the current commitment for a particular Natural account and Cost center, before approving another new purchase order. This document outlines how we provide our user a workaround to track real-time commitment, without using budgetary control.
We used five custom views to summarize necessary data. Finally we used one single SQL to generate output in Oracle Discoverer. The end user simply enters one GL account and the commitment data along with actual and budget is shown. Read the following article to find how we track purchasing commitment with our Reporting Budget.