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 ID
     Enter a budget ID.
   • Actual
     Select if this is an actual budget. This is informational only.
   • Preliminary
     Select if this is a preliminary budget. This is informational only.
   • Description
     Enter a description.
   • Budget Year
     Enter the budget year.
   • MDA Group ID
     Enter the MDA group ID.
   • MDA Code ID
     Enter the MDA code ID.
   • Account
     Select the account.
   • Description
     The description for the account will display.
   • Display
     Select to display the Net Change or Period Balances for the account.
   • Period
     When you enter an account, the relevant accounting periods will display.
   • Amount
     Enter the dollar values for budget amounts for each accounting period.
   • Ranges
     Use this button to enter budget values for a range of accounts.
   • Methods
     Use 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.