Financial Planning application setup With financial planning, you can create multiple budget models and perform all budgeting related activities in one single place. Start with associating data sources to budget models. Map all the segments used in budget model hierarchy to fields in expense lines using data source field map. Generate budget keys and associate to budget owners to start budget and forecast planning. Budget modelsA budget model is the foundation of your budget.Budget model hierarchyUse the budget model hierarchy link to modify your budget model by adding or deleting segments in the budget model hierarchy.Budget keysA budget key is a unique combination of values that the application uses to identify budget forecasts and budget plans.Budget owners and budget key ownersBudget owners can view all items that budget keys are associated with, such as budget plans and forecasts. Create a budget periodBudget period controls the promotion of the budget plans. Budget plans created for a fiscal year can be promoted only if the budget period is open.Forecast periodForecast periods are similar to budget periods that aim to control the promotion of forecast plan.