Budget

This page covers budget setup. Use it when the company wants to track planned spend against actuals.

What the screen tracks

Field	Meaning
ledger_id	Ledger
fiscal_year_id	Fiscal year
posting_period_id	Posting period
class_id	Class
department_id	Department
location_id	Location
project_id	Project
vendor_id	Vendor
item_id	Item
amount	Budget amount

Example

The finance team sets a yearly budget for marketing. The budget is segmented by period and department. Reports can then compare the plan to actual spending.