Requirements

Budgets are linked to cost centers defined in Settings > Cost centers.

  • If you don't have any, you can go to this page to understand how to set them up.

Budgets rely on a Budgetary period. It is defined in Settings > Budgets.

  • If you haven't set up your first budgetary period, please go to this page.

Set up a budget

  • Head to Settings > Budgets.

  • If you have already set up your Budgetary period, then you should be able to see the list of all you cost centers.

  • Choose one and click on "Create a budget" under the cost center's name.

  • You can now enter the amount that corresponds to the overall budget for your budgetary period.

  • You will be asked to enter monthly amounts, only if you choose the option "monthly" in the budget definition of your budgetary period.

If the month is already over, you cannot add a budget. However, you can adjust the following months so that the set amount matches your budget.

An error message appears if your budget exceeds the overall budget amount: "The sum of the monthly budgets does not equal the overall budget amount. Please adjust the budgets".

❖ Approvers have access to the budget from the Requests tab, and are able to see it before they approve the spending. Budgets will be impacted once the request has been approved. ❖

➡️ Tips: If you need to change a budget's name, you can change the cost center's name in Settings > Cost centers.

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