Restructuring of Budget Models

When creating budget models on the basis of an existing budget model (budget copying), you might need to be able to do some flexible restructuring of the base budget on new dimension values in the new budget model.

Restructuring means that all budget entries are copied from the existing budget model corresponding to the functionality in budget copying, but when restructuring, all the budget entries are given new dimension values in the new budget model. In this way, the budget figures can be reused and price projected, and at the same time be allocated on other accounts, locations, local specifications, and so on. When creating a new budget model, a new budget journal is automatically created for each company, and the allocated entries can be checked and revised before the journal is approved as normal. The new budget model to be created on the basis of an existing budget model is created in the window Create Budget Model, where you - contrary to creating a “normal” budget model - specify the dimension values that you want changed for all budget entries at budget model copying. At budget model copying, dimension values are derived in accordance with the system settings for dimension derivations in the G/L module. This means that when you specify a new dimension for the new budget model and a dimension derivation rule exists that causes derivation of one or more dimensions, the derived dimensions are copied to the new budget model. Such derivations correspond to the functionality of budget copying in the window Budget Journal.

If the new budget is price projected, this will be done according to the rules of restructuring of dimensions in the new budget. This results in a price projection based on the new allocation combinations.

Note: If you create a budget model on the basis of an existing budget model, and the base currency for the company specified on the existing budget model is different from the currency on the new budget model, the currency will be converted into the existing company’s base currency.

Furthermore, it is possible to specify an entry description that will be copied automatically to the budget journals made at creation of a budget model on the basis of an existing budget model.