Budget in action

The budget plan could be created manually, or built based on actual transactions. The budget register entries could be created based on a budget plan or created manually. The application recalls the configurations of budget control and executes it over transactions. The following diagram illustrates Budget management in action:

Over the course of the budget planning process for the Q1 expense projection, you'll need to manually create a budget plan. Go to Budgeting | Budget plans and create a new record by pressing Alt + N, as shown in the following screenshot:

Budget plan lines are recalled from the budget plan layout configuration. ...

Get Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.