Login
Contents x
Investments Budget Structure
  • Print
  • Dark
    Light
  • PDF
Contents

Investments Budget Structure

  • Print
  • Dark
    Light
  • PDF
Article summary

Design

The Investment Budget Structure provides a method to capture updates to invested balances based on investments and disinvestments. Investments increase the balance while disinvestments reduce the balance. Disinvestment transactions are compared to the available invested account balance to determine if sufficient balance exists to support the disinvestment.

The following design considerations are applied to the Investments Budget Structure:

  • Investment and disinvestment transactions update the available invested balances within this structure
  • This budget structure is set to a control option of “Control” which prevents agencies from exceeding the available invested balance
  • The Account Type is “Asset” and uses Account values specific to investments and disinvestments
  • The Budget Calendar is set to “None” as there are no timelines associated with cash transactions

Maintenance

The Investment Budget Structure is configured and maintained by DFS and is used by all agencies.

Version History

DateRevision Description
02/01/2024Original Version
11/01/2024Updated 11/01/2024; Updated per completion of solution design segments
Was this article helpful?
What's Next
The Florida PALM Knowledge Center serves as the central hub of information that helps agencies quickly and effectively adopt Florida PALM at Financials and Payroll Wave by providing quick access to the design of the system.
Change password!
Changing your password will log you out immediately. Use the new password to log back in.
Change profile
Success!
First name must have atleast 2 characters. Numbers and special characters are not allowed.
Last name must have atleast 1 characters. Numbers and special characters are not allowed.
Enter a valid email
Enter a valid password
Your profile has been successfully updated.
Logout