Budget Types

There are two main budget types: Main Budget and Sum Budget.

Main Budget is used for budgets of departments that do not have any subordinate departments in the budget hierarchy.

Sum Budget is used for budgets of departments that have one or more subordinate departments in the budget hierarchy.

Regardless of budget type, you cannot change the following elements of lines created from a template line:
  • Name
  • Indentation
  • Order
  • Income/expense state

You cannot change these elements because those changes would affect automatic aggregation. For example, if you change the total expense line on one budget to be the sum of the result line, the values on the superior budget will not make sense. Also, if you change the names of the lines, it will be difficult for the employee who is responsible for a superior budget to compare the lines and values of the superior budget with the lines and values of the subordinate budgets.

Related Topics:

  • Sum Budget
    The amounts from subordinate main and sum budgets are automatically aggregated when changed. They are then displayed on the sum budget.
  • Main Budget
    If you have access to a main budget, you can specify value on it directly or on sub-budget lines.
  • Employees Sub-Budget
    The Employee sub-budget contains a line for each employee who is associated with a department in the main budget. You can manipulate employees in the Employees sub-budget to simulate changes in the department's headcount.
  • Direct Costs Sub-Budget
    You can use the Direct Costs sub-budget to create lines of type project, project group, and direct cost.
  • Settlements Sub-Budget
    Use the Settlements sub-budget to create lines of the type sum and settlement.
  • Sub Budget
    You can use the Sub-Budget type to create sub-budgets that are of the same kind and structure as the main budget. There is no special functionality linked to this type of sub-budget.
Parent Topic: Finance Budgets Workspace