BUDGETING IN DYNAMICS 365 FINANCE AND OPERATIONS - PART 1 - SOLUTION COMPONENTS
This article series explains and demonstrates Budgeting in Dynamics 365 Finance And Operations . The purpose is to provide a unique implementation resource. Whole series will be in 4 parts as follows:
PART 1: Solution components
PART 2: Budget planning
PART 3: Budget entry
PART 4: Budget control
Let's get started with PART 1.
CONTENT
Introduction Budget types and configuration requirements Conclusion |
INTRODUCTION
Budgeting allows companies to benefit from forecasting and financial insights by comparing actual versus allocated budgets. A budget can be created for a ledger account, a project, an employee, a fixed asset, a demand forecast, or inventory.
Budget module has 3 sub processes in Dynamics 365 Finance as detailed below:
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