In this guide, we will show you how to allocate a Budget in Cost Centre Allocation.
Access: The minimum permissions required to complete the Cost Centre Allocation are found in the Finance Module of Config>Setup>Roles & Permissions.
Pre-requisites: In order to complete Cost Centre Allocation the required Financial Year must be set up and opened, a budget Scenario must also be set up.
- How to Create a New Financial Year
- How to Fix a Budget in Cost Centre Allocation
- How to Import a Budget into Cost Centre Allocation
To begin, go to Module>Finance>Budgeting>Cost Centre Allocation
Select the Budget Scenario from the drop down that you wish to allocate against.
Select the Cost Centre that you wish to allocate a Budget value to and click on View/Edit.
The Cost Centre details will then open showing all Linked Ledgers.
Select the Linked Ledger you wish to allocate a Budget value to and click Add/Edit Budget.
Complete the allocation grid with the required information (all fields marked with an asterisk are required as a minimum).
Where you choose to use a Budget Profile, the allocation grid will self generate the totals per period.
Repeat until all allocations have been completed.