Creating and modifying a budget is critical for a project. A specific budget will show the total cost of the combined projects. Users can add multiple projects to one budget or spread projects over multiple budgets. Budgets are created by a user with Financial Manager or Financial Manager Administration Permission.
Creating a Budget
Creating a budget requires three sections to be filled out. This information is saved under the Budgets Tab. Once a budget has been created, when a project is created, the selection for budget appears.
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| title | ⦿ How to Create a Budget |
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1. - Navigate to the Budgets Tab
- Enter a budget name.
2. - Provide an open and close date for the budget.
3. - Enter specifications related to the budget.
4. - Click the Create Budget button.
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Inactivate a Budget
Budgets cannot be deleted but instead the option to make budgets inactive. Once a budget has become inactive, it cannot be selected for future projects. An inactive budget that is associated with current and past projects will not be influenced.
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| title | ⦿ How to make an Inactive Budget |
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1. - Navigate to the Budgets Tab.
- Locate the budget that needs to be inactive.
2. - Click the Make Inactive button.
3. - Click the Confirm button.
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