Concept of Budget in NAVISION??

rinki123

Hi Expert,

Can anyone tell me about the Budget in detail.If you can give any example or reference
related with Budget its help me a lot.


Thanks in advance

Reinoud

Budget are numbers in your account statements. Actual results are compared with these numbers. You can insert budgets per period or multiple budgets for the same period, like high/low/average.

varun_arora26513

Budget is basically a numeric figure which we enter for accounts or some time dimensions like for each department how much purchase budget you want to assign, then you can compare your actual entries with budgeted amount and will able to do the budget VS Actual analysis only if u are entered correct budget code with each posted entries.

rinki123

Reinoud wrote:

Budget are numbers in your account statements. Actual results are compared with these numbers. You can insert budgets per period or multiple budgets for the same period, like high/low/average.

Thanku

rinki123

varun_arora wrote:

Budget is basically a numeric figure which we enter for accounts or some time dimensions like for each department how much purchase budget you want to assign, then you can compare your actual entries with budgeted amount and will able to do the budget VS Actual analysis only if u are entered correct budget code with each posted entries.

Thanku