Enhancement in Budget “Microsoft Dynamics 365 Finance and Operations”

Use Budgeting to set up, create, and view budgets. Budgeting can include budget control, which you can use to monitor the budget funds that are available for planned and actual purchases and expenditures. You can create budget register entries for the original budget, budget transfers, and budget revisions. You can also create budget register entries for encumbrances and pre-encumbrances for purchases and planned expenditures. Budget register entries can be created automatically when budgets are transferred to the general ledger from other modules, such as Project management and accounting or Fixed assets, Enhancement in Budget “Microsoft Dynamics 365 Finance and Operations”

• Basic budgeting: Budget exactly how you want by choosing the detail level to track your budget, and take advantage of your existing advanced rules that have been configured. Allow advanced rules in the budgeting process to provide extra budget tracking capabilities by financial dimensions.

• Budget planning: Provide support and justification for your budget by uploading documents that support your budgeting requests. By having the ability to upload your documents, your entire budgeting process is contained, centralized, and available for the budgeting manager to review.