Budget Scenario Setting SAP Business One
To Make a Budget Setting things to watch out for are
1. Setup the Module Administration - System initialization - General Settings - Budget
2. Check Budget Initialization
3. Select Option to do Block Document, Warning or no warning when the transaction has exceeded the budget limit
4. Select
5. Check One or more transactions that will be given a warning, or block when making transactions that have exceeded the budget limit
The next step is to setup the Financial module - Budget Setup - Budget Scenario
Budget Distribution Method Is the method used for budget distribution. For Defaul System 3 methods have been used to use. The method is Equal, the amount of the budget is distributed evenly between 12 months
Ascending Order, the Budget is distributed in such a way that most of it is dedicated for the last months, and only a small portion is used during the first months.
You can add other methods if needed (manually), allowing you to manually determine how the budget is distributed between different months. You can, decide that the budget is distributed between just two months.
The next step is to fill the budget on the account that will be used.
The trick is to open the Financial module - setup budget - Budget
Select Scenario which will be used to determine the Budget filling
Select the account to be inputted with the budget.
click the OK button
Budget amount in local currency.
Debit, Budget calculation is always done on the debit side.
Credit, Amount of budget for incoming payment accounts, for reporting purposes only.
Actual, Actual amount of budget that has been used
The above example is the division of the budget using the Equal Method where the Budget is evenly distributed in 12 Months, For More Details or want to change the method used you can simply double click on the no on the left
You can change it if the budget wants to use the manual method, for example for January I want to give a budget of USD 900.
After the Budget Setup Is Done Now is the time for you to try to make transactions related to the account that has been setup. Continuation will be added later
For videos, please see this link http://www.youtube.com/watch?v=m9T0cPywUwg
1. Setup the Module Administration - System initialization - General Settings - Budget
2. Check Budget Initialization
3. Select Option to do Block Document, Warning or no warning when the transaction has exceeded the budget limit
4. Select
- Annual Budget - Annual budget arrangements are made for each user
- Monthly budget - Monthly budget budget settings for all users After logging back from SBO.
5. Check One or more transactions that will be given a warning, or block when making transactions that have exceeded the budget limit
The next step is to setup the Financial module - Budget Setup - Budget Scenario
Budget Name: Naming in accordance with the budget scenario in the current year. Naming Must Be Unique
Based On: Budget scenario that forms the basis of the budget scenario set. An independent budget scenario must be based on itself.
Based On: Budget scenario that forms the basis of the budget scenario set. An independent budget scenario must be based on itself.
Initial Ratio: To set the percentage of the budget set based on the basic budget. If the Budget Scenario is based on itself, the initial ratio must be 100%
Rounding method: Rounding method for Amount budget in each scenario
How to input in Scenario Can be done in 2 ways
1. Right Click then Add Row
2. In the Data Bar Menu - Add Row (Ctrl + i)
Budget Distribution Method Is the method used for budget distribution. For Defaul System 3 methods have been used to use. The method is Equal, the amount of the budget is distributed evenly between 12 months
Ascending Order, the Budget is distributed in such a way that most of it is dedicated for the last months, and only a small portion is used during the first months.
Descending Series, Budgets are distributed in such a way that most are dedicated to the first months of this year, and the amount set for each month decreases as the year progresses
The next step is to fill the budget on the account that will be used.
The trick is to open the Financial module - setup budget - Budget
Select the account to be inputted with the budget.
click the OK button
Debit, Budget calculation is always done on the debit side.
Credit, Amount of budget for incoming payment accounts, for reporting purposes only.
Actual, Actual amount of budget that has been used
The above example is the division of the budget using the Equal Method where the Budget is evenly distributed in 12 Months, For More Details or want to change the method used you can simply double click on the no on the left
After the Budget Setup Is Done Now is the time for you to try to make transactions related to the account that has been setup. Continuation will be added later
For videos, please see this link http://www.youtube.com/watch?v=m9T0cPywUwg
