Entering Profitability Budgets

Budget values can be entered for accounts for each analysis group, and within the group for each piece of equipment, rental agreement, or maintenance work order. Budgets for rental agreements and work orders would not usually apply. Equipment budgets are likely to be a part of the general financial budgets. See Microsoft Dynamics GP documentation for more information.

1. Select Microsoft Dynamics GP > Tools > Setup > Equipment > Profitability > Profitability Budgets.

2. Complete the following fields:Budget IDEnter a budget ID.ActualSelect if this is an actual budget. This is informational only.PreliminarySelect if this is a preliminary budget. This is informational only.DescriptionEnter a description.Budget YearEnter the budget year.MDA Group IDEnter the MDA group ID.MDA Code IDEnter the MDA code ID.AccountSelect the account.DescriptionThe description for the account will display.DisplaySelect to display the Net Change or Period Balances for the account.PeriodWhen you enter an account, the relevant accounting periods will display.AmountEnter the dollar values for budget amounts for each accounting period.RangesUse this button to enter budget values for a range of accounts.MethodsUse this button to determine a method of calculation. Several calculation methods are available for posting accounts and unit accounts. The open year percent and historical year percent methods are not available for equipment budgets.

3. Select Save.