How to Add a New 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. In the popup, select Leaf Node for Node Type and Default Budget Entity for Node Sub Type.
   
   
4. In the New Member Properties pane, enter the Member Code, Member 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).
   
   Note:

   The relevant budget entity member must be added to the Finance Hierarchy dimension before it can be used to create a budget entity member.
6. Click OK and click Save. The new entity is added. The new entity is also shown in the Planning Control Panel.

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