Search Results pa_budget_versions

The PA_BUDGET_VERSIONS table in Oracle E-Business Suite (EBS) 12.1.1 or 12.2.2 is a critical data structure within the Project Accounting (PA) module, primarily used to store and manage budget version details for projects. This table serves as a central repository for budget-related metadata, enabling organizations to track, compare, and analyze different budget iterations throughout the project lifecycle. Below is a detailed breakdown of its purpose, key attributes, relationships, and functional significance in Oracle EBS.

Purpose and Functional Overview

The PA_BUDGET_VERSIONS table stores metadata for budget versions created for projects, including version names, descriptions, statuses, and associated dates. Budget versions allow organizations to maintain multiple iterations of a project's financial plan (e.g., original, revised, or forecasted budgets) and compare them for variance analysis. This table supports the budgeting workflow by enabling version control, approval tracking, and auditability.

Key Columns and Attributes

The table includes the following critical columns:

• BUDGET_VERSION_ID: Primary key, uniquely identifying each budget version.
• PROJECT_ID: Foreign key linking to the PA_PROJECTS_ALL table, associating the budget version with a specific project.
• VERSION_NAME: User-defined name for the budget version (e.g., "Q1 Forecast" or "Baseline").
• VERSION_NUMBER: Sequential identifier for version tracking.
• STATUS_CODE: Indicates the version's status (e.g., "DRAFT," "APPROVED," or "SUBMITTED").
• START_DATE and END_DATE: Defines the budget's validity period.
• CURRENT_FLAG: Marks the active or most recent version.
• CREATION_DATE, CREATED_BY, LAST_UPDATE_DATE, LAST_UPDATED_BY: Audit columns for tracking changes.

Integration with Other Modules/Tables

The PA_BUDGET_VERSIONS table integrates with several key tables in Oracle EBS:

• PA_PROJECTS_ALL: Links budget versions to projects via PROJECT_ID.
• PA_BUDGET_LINES: Stores detailed budget line items associated with each version.
• PA_BUDGET_TYPES: Defines budget classifications (e.g., revenue, cost) referenced by versions.
• GL_CODE_COMBINATIONS: Ties budget amounts to general ledger accounts.

Business Process Context

In Oracle EBS, budget versions are created during project planning or revision phases. Users can:

1. Create multiple versions for scenario analysis (e.g., optimistic vs. conservative forecasts).
2. Submit versions for approval workflows.
3. Compare versions using Oracle Project's variance reporting tools.
4. Export budget data to GL for financial consolidation.

Technical Considerations

• Indexes: The table typically has indexes on BUDGET_VERSION_ID, PROJECT_ID, and STATUS_CODE for performance.
• APIs: Oracle provides PL/SQL APIs (e.g., PA_BUDGET_PUB) to programmatically manage budget versions.
• Security: Access is controlled via Oracle's function security and project-specific responsibilities.

Customization and Extensions

Organizations often extend the table's functionality by:

• Adding custom columns via descriptive flexfields (DFFs).
• Developing custom workflows for version approval.
• Integrating with third-party planning tools via Oracle Integration Bus.

Conclusion

The PA_BUDGET_VERSIONS table is a foundational component of Oracle Project Accounting, enabling robust budget management. Its design supports versioning, auditability, and integration with financial modules, making it indispensable for project-driven organizations. Proper configuration and utilization of this table ensure accurate project financial tracking and compliance with organizational controls.