Hello,

We are using Operating Budgets (Envelopes and Entities have been set up and is working fine)

My question is around multi-year budgets

Normally if you have say a 3-year budget you need to enter a budgeted amount per year not breaking the ceiling(sum) of the envelope. We have an instance where the clients wants to only enter the budget on year 1 which is no problem as with closing the budgets the available balances will move to the next fiscal year etc

This is the issue we are facing:-

They want to close the Operational Budgets just after year-end to enable the available amounts to roll to the next (or then current) fiscal year so that consumption can take place on the new year. (Prior Fiscal Year will remain open)

The problem is that they receive Purchase Invoices very late after year-end. Is there a way to Close the Operating Budget but keep the portion of the open PO's available so as to process the PIH in the correct fiscal year (i.e. prior year)

Thank You