Re: Does ver 9.0 enhance the budget functionality?

Select to manage the budget in your company. Once this option is selected, the budget-related functions appear in the Financials module, and the following fields appear in the current window.

Except for the field For Annual Budget/For Monthly Budget, all the settings below are updated per company, for all users.

• Block Deviation from Budget– Blocks the creation of transactions that cause the budget to be exceeded.
• Warning– Sends an alert when the budget is exceeded. You can confirm and add the transaction, or cancel.
• Without Warning– Adds, without any restriction or warning, transactions that exceed the budget.

Selecting either Block Deviation from Budget or Warning, displays the following fields in the window:

• For Annual Budget/For Monthly Budget– For the annual budget, this setting is updated per user. For the monthly budget, it is updated only after the next logon for all users in the company.
• Purchase Orders– A check is made against the budget during the issuing of purchase orders, including all open purchase orders and the current one.
• Goods Receipt POs– A check is made against the budget during the issuing of goods receipt POs, including all open goods receipt POs and the current one.
• Accounting– A check is conducted during the issuing of an A/P invoice or any other accounting transaction that involves a G/L account relevant to the budget.