Budget Validation

(0) Share

Report

Posted on by binitshah

660

I have uploaded opening balances for the month of August 2015 and after posting the opening balance we have updated the budget register entries in the month of September and have enter budget for the whole year with the date 01.01.2015. Will the budget be validation consider the opening balances amount in future transactions??

Example: Opening Balance for Ledger 100100 - 15000 INR posted in August 1

Budget entry with budget date 01.01.2015 for ledger 100100 and amount 100000 INR posted in September

Now if I make a journal in October with the same ledger 100100 for 95000 INR will the system give error??

*This post is locked for comments

I have the same question (0)

All responses (7)

Answers (0)

Ludwig Reinhard Microsoft Employee on at

Like (0)

Report
Copy link

Link copied!

Hin Binit Shah, Can you let me know what opening balances you uploaded? Did you only upload the balances of balance sheet accounts or also balances for your profit & loss accounts because you did the transfer during a running fiscal year? If only balance sheet transactions have been uploaded and if you budget only at the profit and loss account level there should be no issue. Yet, we would need some additional details to give you a concrete answer. If you have access to a test environment you can probably answer the question yourself by recording some test transactions in your system. All the best, Ludwig

Was this reply helpful? Yes No
Suggested answer

Swamy Narayana on at

Like (0)

Report
Copy link

Link copied!

The answer depends on how your budget control time interval is set to. If you set the budget control interval to fiscal year/fiscal year to date/total budget/budget to date....and the budget was established in that period then it will not give an error. This setting is under Budgeting > Setup > Budget control configuration. The default values are set on 'Define parameters' tab and can be overridden for any budget control rules on 'Define budget control rules' tab.

Was this reply helpful? Yes No
binitshah 660 on at

Like (0)

Report
Copy link

Link copied!

Dear Ludwig, We have uploaded the profit and loss balances also and I did try the scenarios in the test environment and have noticed that since we did upload the opening balance before activating the budget, there is some budgetcode value in the ledger journaltrans table which is 0 and due to this the new activated budget does not consider the transactions.

Was this reply helpful? Yes No
binitshah 660 on at

Like (0)

Report
Copy link

Link copied!

Dear Swamy,

the issue has been resolved and the same was not due to the budget control time interval.

Thank You for the help.

Was this reply helpful? Yes No
Community Member on at

Like (0)

Report
Copy link

Link copied!

Hi Binit

We are facing same problem. Please suggest what step you have taken to resolve this issue.

Was this reply helpful? Yes No
Ludwig Reinhard Microsoft Employee on at

Like (0)

Report
Copy link

Link copied!

Hello Aman Walia,

Which D365FO/AX version are you operating?

Have you already checked the available hotfixes on LCS?

Best regards,

Ludwig

Was this reply helpful? Yes No
binitshah 660 on at

Like (0)

Report
Copy link

Link copied!

Hi Aman,

What we did is we have changed the budget register entries to a lower amount and adjusted the budget based on the remaining budget left.

Was this reply helpful? Yes No