Budget Validation

Dear All,

I have entered a budget with the ledger code as 43470 and cost center 70, the date selected was 01.01.2014 and the amount was 10000 USD. I have added another entry with the same ledger code and the date as 01.02.2014 and the amount is 5000 USD.

Now when I enter a transaction on 15.01.2014 with the same ledger code and dimension and I enter the amount as 12000. I just want to know whether the system will throw an error saying the budget is exceeding or the system or the system will pass the entry since there is a budget for the month of February.