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120Good 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):
- Question: is this what I should expect?
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):
- Question: Am I missing something? How must the Maintenance Budgets on Asset Management work?
Appreciate your response.
Tpee
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