Budget planning versus budget control

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Posted on by Samkh

Hi,

I am looking for a comparison sheet that shows the difference between the budget planning and budget control. Thanks Sam

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Eugen Glasow 6,359 on at

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Budget planning is a set of forms and Excel spreadsheets to produce a top-down or a down-top budget.

The result is a budget (which can also be manually created at once, without the "planning").

Budget control takes that budget and enforces it: verifies purchase orders, expenses an all other kind of costs against the budget.

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qianwang 7,168 on at

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Hi Sam,

The budget planning can be integrated with other modules to obtain relevant transaction and planning information. The plan file is tightly integrated with word/excel to acquire, process, and analyze the plan data, and finally define the budget method and configuration plan on the organizational hierarchy.

The source of budget control is mainly budget register entries (budget plan conversion or a third-party program import). Budget control evaluates the available budget for related transactions through some factors, such as financial dimension, override permission, and Time. It can also be integrated with applications to evaluate budgets and provide related reports and inquiries.

Regards,

QianQW

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Ludwig Reinhard Microsoft Employee on at

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Hi Sam,

I like the summary of Eugen.

Brings it straight to the point!

Best regards,

Ludwig

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Rahul Mohta 21,032 on at

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also you could review this

www.linkedin.com/.../budget-planning-using-microsoft-dynamics-ax-2012-r3-financial-mohta

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