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Budgets for Statistical accounts in BC

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Posted on by October Sky 92
Is there any way to set up Budgets for Statistical accounts in Business Central?
A few years back, statistical accounts were set up in the chart of accounts with alphanumeric codes (and designated with income/expense or Balance sheet) and a budget could thus be created for such lines. But it seems that this feature is now not available in BC with Statistical accounts being a totally separate feature to the chart of accounts.
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Financial Management
  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 69,639 Super User 2024 Season 2 on at
    Budgets for Statistical accounts in BC
    Hi, Statistical account can be used in financial reports, but as appliwin123 mentioned, this cannot be used in Budget.
     
    This is a good suggestion and I think it can be submitted to MS Ideas.
    Missing a feature? Post or vote for ideas on: aka.ms/BCIdeas
     
    Hope this helps.
    Thanks.
    ZHU
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    Valentin Castravet Profile Picture
    Valentin Castravet 22,181 Super User 2024 Season 2 on at
    Budgets for Statistical accounts in BC
    The whole premise of statistical accounts is that they replace the use of a G/L Account set up for statistics and then using the Budget functionality to load a Budget to those accounts.
     
     
    And then, instead of pulling the budget into a financial report, you would pull in the statistical account: https://learn.microsoft.com/en-us/dynamics365/business-central/bi-use-statistical-accounts#include-the-statistical-account-in-a-financial-report
     
     
    Valentin Castravet
    Zander ERP Services
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    Jun Wang Profile Picture
    Jun Wang 7,146 Super User 2024 Season 2 on at
    Budgets for Statistical accounts in BC
    this seems not possible in BC, budget only works for g/l accounts

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    gdrenteria Profile Picture
    gdrenteria 9,472 Most Valuable Professional on at
    Budgets for Statistical accounts in BC

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