Manage budgeting
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This learning path covers budgeting in Dynamics 365 Finance, including creating, managing, and monitoring budgets, setting budget parameters, and analyzing performance, while emphasizing collaboration to streamline the budgeting process.
Prerequisites
To successfully complete this learning path, you should have
- A basic understanding of finance and accounting processes.
- knowledge of Dynamics 365 Finance.
- The ability to use Dynamics 365 Finance for basic processing tasks.
- A general understanding of budgeting, including ensuring that basic budgeting is set up.
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Modules in this learning path
Basic budgeting in Dynamics 365 Finance is the process of creating, managing, and monitoring budgets. It involves defining budget parameters, setting up budget models, creating budget register entries, and analyzing budget versus actual performance.
Every organization, whether it’s private or public, sets financial and operational goals by creating budgets. When the organization establishes its budget, management monitors the activities within the budget framework. This module provides information about how to set up and use basic budgeting and budget control in Dynamics 365 Finance.
With the collaborative and process-driven nature of the budget planning functionality in Dynamics 365 Finance, you can make your budget process more efficient and include more people in the process, while reducing the number of files being sent by email and reducing manual entry. Budget planning improves an existing Microsoft Excel-based budgeting solution.