Is budget check only for expense account / expense item ?

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Posted on by Ken Manhattan

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Hi guys,

In budget checking, for Budget Control Parameter I've selected Main Account - BU - CostCenter. My question is whether the Perform Budget Checking in PO only for expense account ?

Because I have some item which is a Stocked item, and obviously it is setup to some Balance Sheet Account (In my company, it is inventory account with prefix 2). Then in Budget Register Entry, I've put this main account with prefix 2 and Update Budget (Post). In my Budget control configuration, I have also specified /Define budget control rule/ to have a range from my Inventory Account (Prefix 2) to Expense Account (Prefix 7). Turn out in my PO error appeared and it always says no budget.

But if it is expense item in PO Line, with main account setting to prefix 7, budget checking works properly.

I also cannot see the budget register entry with prefix 2 in Inquiry-Budget Analysis.

May I know why is this happening ? does Budget checking only for expense item (non-stocked)

Thanks

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Ken Manhattan 496 on at

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Is budget check only for expense account / expense item ?

Hi,

Any input on this one?

Appreciate for some. Still confuse me why the Budget analysis inquiry does not show my other entries.

Thanks
Ken Manhattan 496 on at

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Is budget check only for expense account / expense item ?

Hi,

For clearer explanation, this is my setup:

- Define Parameter

- Define Budget control rules

Then Activate this rule.

And in Budget Register Entries is this :

While test this in PO, the stocked item cannot pass Budget checking ->

As we can see from this PO, line 1 & 3 is expense item, which this item posting goes to expense account with prefix 7. But line 2, is stocked item which item posting goes to inventory account 20290, Although it has budget because the amount is only 4 while budget 1000, but it is failed on budget check result.

In Inquiries & report > Budget control > Budget analysis, I also cannot see the account start with 2 that I already put in Budget Register entries->

In this screenshot, I have sorted from A->Z, so account with prefix 2 supposed to be appeared as I have post Budget register entries with that account.

Anyone have some idea on this ?

Thanks,