Exercise - Create a budget register entry
In this exercise, you need to set up budget control for your company.
Before you begin
To get the most benefit from this and other exercises in this module, we recommend that you have the standard sample data available in Finance that's installed by using Microsoft Dynamics 365 Lifecycle Services. This exercise is performed in the USMF company.
Instructions
To set up budget control for your company, follow these steps.
Open Budgeting > Workspaces > Budget register entries.
Select New.
In the Budget model, select a budget model.
In the Budget code, select a value.
Optionally, specify a Reason code for the budget register entry.
Select Add line.
Enter the Date for the budget register entry line to determine the period that the system records the budget to.
Select an Account structure.
Enter the Dimension values for the budget-enabled dimensions. The order in which you enter the dimensions is based on the order in which the dimensions appear within the account structure.
Enter the budget Amount and the budget Amount type. The budget amount type defaults to expense, but you can change that value. The amount type is needed because the main account isn't a required element for budgeting.
Specify the transaction Currency.
Select Update budget balances on the Action Pane. After you complete this action, the system updates the budget balance for the budget model and dimension combination based on the amount for the period in which the line date falls.