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Hi,
I created and posted transactions in general journal for expense account without activating budget control.
Then in the middle of the year, I activated budget control and upload budget register entries.
Are the posted transactions before activating budget control will be considered in budget control statistics?
Thanks in advance.
Hi marypeace,
Many thanks for the feedback.
Can you help with that and verify the answers?
This then completes this thread.
Many thanks and best regards,
Ludwig
Good morning marypeace,
Is there any other information that you need in regards to this thread?
Best regards,
Ludwig
Hi Marypeace,
If that was regular monthly expense voucher posted in previous month, let's say last month or month before (if not very old) then the simplest way i can think of it:
1. Reverse the posted transaction (Obviosuly, you have to make sure if previous periods are not locked and your finance also allow you to reverse back dated entry)
2. Activate the budget
3. Post the new voucher in back date.
4. Close the period again
Hi marypeace,
That might not be that easy because you would have to repost transactions.
What might work is if you calculate account-findim balances for the first half of the year and them create a GL journal where you bring them back to zero.
Once this is done, you activate budget control and post the account-findim balances in again.
This works fine as long as you don't have budget overruns already.
Also, this requires quite some work for the balance calculation and posting.
You might want to ask a developer for some help.
Another alternative I could think of is reducing your budget balances that you activate.
Let's say you have a budget of $50000 for travel expense but already spend $30000 in the first half of the year.
Then reduce the budget to the remaining $20000 and activate this one.
Best regards,
Ludwig
Hi marypeace,
The answer to your question is 'NO'.
If there was no budget active at the time the transactions were posted then there is nothing to compare them against.
Best regards,
Ludwig
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