Biennial Budgeting
Biennial Budget allows your organization to budget for two years at a time, every other year. In the first year of the two-year cycle (called Year 1) there are 2 columns of data available for input for each budgeted account. These 2 columns or years (Year 1 & Year 2) continue all the way through to the budget adoption process.
In the next or second year of the Biennial process (called Year 2), only the Year 2 column is available for input with a Concept version of Year 2 displayed (from the first year's budget cycle) next to the input column. This allows you to adjust your Year 2 numbers in that second year. This cycle is then repeated every other year for the Biennial Budget process.
In Company FM Settings, there is a system setting on the Annual Budget Settings tab for authorized users to specify in which year of the biennial cycle the current budgeting year is, either Year 1 or Year 2. 
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