How to Create a New Department as a Budget Entity

To make a new department, division or other segment member available for budgeting in the Planning Control Panel, the segment member must be created as a budget entity. Complete the following steps.

1. Navigate to Maintenance > Hierarchy > Hierarchy Management and select Entity Hierarchy for Type. Click Show.

2. Click Add within the area of the hierarchy where you want to add the entity.

3. Select Leaf Node for Node Type and Default Budget Entity for Node Sub Type. Note that attributes are also available in the Node Sub Type list box.

4. In the New Member Properties pane, enter the Entity Code, Entity Name and the Currency.

5. Select the relevant segment members for the segments that make up your Budget Entity (e.g. Company/Department , Company/Location/Division. An example is provided below.

   

6. Click OK and click Save. The new entity is shown in hierarchy (see image below).

   

   The new entity is also shown in the Planning Control Panel below.

   

   Approval Role Access must be provided so that users can access entities in the Planning Control Panel.