Before you start the budgeting or forecasting process, you must create a scenario. The data you enter in the budget will be stored to this scenario.
You can create as many scenarios as you like. You can use scenarios to create different versions of next year’s budget, for example, if you like to create high, medium and low budget scenarios.
NOTE: The scenario code and name will appear when you are using the Lookup for a budget.
7. Click Save.