To finalize budget line items
About this task
When you finalize budget line items for projects or programs that are linked to a parent program or plan, the forecasted and committed line item amounts roll up to the parent program or plan.
If the project or program requires line item approval, finalizing the line items triggers the approval process. When a line item requires approval, it rolls up to the parent program or plan only after completing the approval process. The first column of the Line Item Details table shows the approval status; for more information, see Program Line Item Details table.
Note: In order to finalize line items, they must have an assigned expenditure date.
Note: Finalizing line items and finalizing budget allocation versions are unrelated. Finalize line items to roll them up to all budget versions, then activate or finalize the most appropriate budget version to use for your plan, program, or project. For more information, see Budget allocation versions.
Procedure
Results
After the budget line item changes are finalized, and approved if required, they roll up to their parent objects.