Setup budget control

This article describes how to setup the budget control in Dynamics AX 2012. Budget control is a method of enforcing that sufficient budget funds are available for planned or actual purchases. The setup of the budget control content a temporary version and an active version. You need to set up basic budgeting before configuring budget control.

Budget control set up: 

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Setup Budget: presentation

This article describes how to setup the budgeting module in Dynamics AX 2012. Before setting up budget in Dynamics Ax, you should prepare or identify:

  • financial dimensions and accounts to use in the budget.
  • currencies and exchange rates to use in the budget.
  • budget codes to use.
  • define which budget transactions need workflow approval.
  • budget model names.
  • budget cycles.

The setup of  the budgeting module, contains several steps:

  • Setup parameter and sequence number
  • Setup exchange rate for budget
  • Setup financial dimensions to use for budgeting
  • Create budget model
  • Create budget code
  • Create budget transfer rules
  • Setup budget allocation rules
  • Setup Budget Cycle

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