Financial Budgeting This section details the elements used in Financial Budgeting, such as templates and budget lines, as well as key processes. Related Topics:Overview of Budget Templates This section provides an overview of the budget templates, and how they work within Maconomy. Getting Started This section provides information on setting up and creating a budget template in Maconomy. Interface Overview Click Finance Budgets to open the workspace. Review and Approval Process Employees responsible for Sum Budgets will have access to consolidated information of all of their subordinate budgets (Budget Lines tab) and they can review each budget separately (Subordinate Budgets tab). Description of Functionalities Budget Types There are two main budget types. Line Types Different line types can be used across the budget template and budgets. Distribution Types Some line types allow for some kind of automatic calculation of the periods given either the total amount or amounts on another line. Allocation Distribution Type The allocation type can be used on manual, direct cost, settlement, and revenue lines. Surcharge Distribution Type The surcharge type can be used on calculation and salary lines. Parent Topic: General Ledger Concepts HomeFinanceGeneral Ledger ConceptsFinancial Budgeting
Financial Budgeting This section details the elements used in Financial Budgeting, such as templates and budget lines, as well as key processes. Related Topics:Overview of Budget Templates This section provides an overview of the budget templates, and how they work within Maconomy. Getting Started This section provides information on setting up and creating a budget template in Maconomy. Interface Overview Click Finance Budgets to open the workspace. Review and Approval Process Employees responsible for Sum Budgets will have access to consolidated information of all of their subordinate budgets (Budget Lines tab) and they can review each budget separately (Subordinate Budgets tab). Description of Functionalities Budget Types There are two main budget types. Line Types Different line types can be used across the budget template and budgets. Distribution Types Some line types allow for some kind of automatic calculation of the periods given either the total amount or amounts on another line. Allocation Distribution Type The allocation type can be used on manual, direct cost, settlement, and revenue lines. Surcharge Distribution Type The surcharge type can be used on calculation and salary lines. Parent Topic: General Ledger Concepts HomeFinanceGeneral Ledger ConceptsFinancial Budgeting