When you submit a current working plan version, the following events occur:

1. Oracle Projects calls the Budget Verification extension.

   By default, the Budget Verification extension does not include any submission requirements. You can customize the extension to match your company's rules for budget and forecast submission.

   The Budget Verification extension has two possible outcomes:

   • If the submission requirements are not met, then Oracle Projects issues an error message and no status change is made.

   • If the submission requirements are met, then Oracle Projects proceeds to the next step.

2. The system must determine whether to invoke Workflow. The system invokes Workflow if the Enable Workflow for Status Changes option is enabled for the financial plan type.

   • If Workflow is not invoked, then Oracle Projects changes the status of the plan version to Submitted.

   • If Workflow is invoked, then Oracle Projects proceeds to the next step.

3. Oracle Projects invokes the Workflow process indicated in the budget workflow extension.

   • If the plan version fails the Workflow process, then Oracle Projects issues an error message and no status change is made.

   • If the plan version passes the Workflow process, then Oracle Projects proceeds to the next step.

4. Oracle Projects applies the standard budget baseline and forecast approval requirements to the plan version.

   • If the plan version fails the standard budget baseline/forecast approval requirements, then Oracle Projects issues an error message and no status change is made.

   • If the plan version passes the standard budget baseline/forecast approval requirements, then Oracle Projects proceeds to the next step.

5. Oracle Projects calls the Budget Verification extension again to verify that the plan version still passes the budget baseline/forecast approval rules.

   • If the baseline/approval rules are not met, then Oracle Projects issues an error message and no status change is made.

   • If the baseline/approval rules are met, then Oracle Projects changes the plan version status to Baseline or Approved.

Other Sources

• Budget Workflow, Oracle Projects Implementation Guide

• Financial Plan Types, Oracle Projects Implementation Guide