Field Description - Budget Master Approved Amount

The Budget Master Approved Amount contains the dollar amount approved as the appropriated amount for the appropriation account.  During the Budget Update/Clear routine the Approved amount is cleared so the budget process can begin.  After that the Approved amount can be updated during the Move Requested to Approved routine or you can manually maintain the approved amount.  The Approved amount can be used to update the Appropriation Masters as the final step in the budgeting process.

Note:  For information on the timing and sequence of budgeting tasks, see Budgeting Procedure.

Where-Maintained:  Budget Maintenance

Where-Used:  Budgeting routines

Format:  8.2 numeric