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Budgets for Statistical accounts in BC

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Posted on by October Sky 69
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.
Categories:
Financial Management
  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 64,563 Super User 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 8,087 Super User 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 5,659 Super User 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 5,292 Super User on at
    Budgets for Statistical accounts in BC

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