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Good day,
Anyone ever worked with Asset Management Maintenance Budgets? I would appreciate some guidance on how it is supposed to work as I am struggling to get it to work.
1. I have created an approved Maintenance Budget grouped by Functional Location and specified the budget amount:
2. I then created a work order against the asset in this functional location, and posted transaction and closed the Work Order (Project stage = Finished).
3. I then came back to my Maintenance Budget to "Update cost" to see if there is any update but nothing, the Budget still shows the same (I was hoping that the "Actual cost" field would update to the cost I posted against the work order):
Furthermore, I checked the Cost control on my Work Order and I see the Actual Cost I posted but the "Original Budget" field is blank (I was hoping that is shows me the Budget as per my Maintenance Plan in this field):
Appreciate your response.
Tpee
Hi Tpee,
Typically, actual cost should be updated to the expense posted on work order.
Please refer to this blog post to check your steps:
D365 Asset Management | Maintenance Budget| Part -9 (linkedin.com)
About Maintenance Budgets on Asset Management, please view this MS Doc:
Create maintenance budgets - Supply Chain Management | Dynamics 365 | Microsoft Learn
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