## Budget Parameters - Time-period for budget balances

### Question Status

lally asked a question on 2 Aug 2013 2:12 AM

Hi All ,

Budget Parameters - Time-period for budget balances field has 3 options .

Fiscal period

Fiscal year

Fiscal year to date

I would like to know what is the differences between the above options.

Thanks and Regards

André Arnaud de Calavon responded on 3 Aug 2013 2:47 PM

Hi Lally,

This is a parameter for  selecting a different time period for budget balances in case of warnings.

Fiscal period: only take budget balances per fiscal period. If you have budget left from last period this is not taken into account.

Fiscal year: The total amount budget of the complete year is allowed before warnings. So in the first month you can spent the complete budget of one year.

Fiscal year to date: If you enter a transaction in period 5 the complete budget for period 1 till period 5 is the budget at that time.

lally responded on 4 Aug 2013 12:18 AM

Hi Andre,

Would you  mind can you explain the above example with some values ?

André Arnaud de Calavon responded on 6 Aug 2013 2:09 PM

Hi Lally,

Imaging you have a budget for Promotions of \$ 6000 for year 2013, divided into \$ 500 per month.

Jan 2013: \$ 500

Feb 2013: \$ 500

Mar 2013: \$ 500

Etc.

..

You have posted an invoice with the amount \$ 400 in January for Promotions.

It is now February. You want to create a new transaction (amount \$ 550). The options will do the next:

Fiscal period: Your budget space is not enough. It is only \$ 500

Fiscal year: The remaining budget is now \$ 6000-\$ 400 = \$ 5600. So enough budget to proceed.

Fiscal year to date: The remaining budget is: (2 * \$ 500) - \$ 400 = \$ 600.

Does this sample makes sense to you?

lally responded on 7 Aug 2013 12:32 AM

Hi Andre ,

Excellent example , i had understand the concept .

I have one more question , assume that i have selected any one option , where does it will show the results or effect ( i mean in which form in Ax 2012 ) ?

Ahmad Al Barghouthi responded on 19 Sep 2017 9:07 AM

Hi Andre,

I've tried the 3 options, but no one were worked completely, all of them shows me an error that exceeded the budget

André Arnaud de Calavon responded on 3 Aug 2013 2:47 PM

Hi Lally,

This is a parameter for  selecting a different time period for budget balances in case of warnings.

Fiscal period: only take budget balances per fiscal period. If you have budget left from last period this is not taken into account.

Fiscal year: The total amount budget of the complete year is allowed before warnings. So in the first month you can spent the complete budget of one year.

Fiscal year to date: If you enter a transaction in period 5 the complete budget for period 1 till period 5 is the budget at that time.