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Budgets provide better insight into a company’s financial status. 
A budget is an overview of planned expenses and revenues. An important tool for companies, a budget is used in business intelligence to measure the actual financial operation of the business against the forecast. 

With the Budget feature in Business Central, you can: 

  • Create multiple budgets for identical time periods. 

  • Create simple or complex budgets by selecting a combination of the G/L account, period, two global dimensions, and four budget dimensions. 

  • Copy budgets from previous periods and revise actual figures or budget figures by using an adjustment factor. 

  • Export budgets to and import budgets from Excel. 

When you want to start entering a budget, the first step is to create a budget name. Let’s create a G/L budget.

CREATE A G/L BUDGET

To create a new G/L budget follow the steps below.

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