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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Budget Model
Microsoft Dynamics AX (Archived)

Budget Model

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Posted on by Febriani Vira 165

Hi Guys,

can you explain to me about these following question about Budget Model:

- What is the function of Budget Model? 

- Can you give me a real example (case in a company) of Budget Model?

- What is the effect of Budget Model in the Budget register entries

Thanks :) 

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  • Suggested answer
    Brandon Wiese Profile Picture
    Brandon Wiese 17,788 on at

    Budget models allow you to maintain more than one set of budget data.  For example, you might have a starting budget model generated early in the year that is pure budget forecast, and then you might have another budget model generated later in the year that is a combination of actual performance to date and revised budget forecast.

    Budget models can be assigned to multiple budget register entries.  The later when doing actual vs budget comparisons, you can switch between different budget models and between different sets of budget register entries by proxy.

    They can also contain sub-models.

    They don't "do" much, and are more a form of grouping and identification associated with budget register entries.

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at

    Hi Febriani Vira,

    In addition to what Brandon mentioned please have a look at the following site for some additional information: technet.microsoft.com/.../hh242705.aspx

    If you think how to setup your budget models please also consider how you want to report on them e.g. through Management Reporter. As an example, if you setup annual budget models such as FY2015, FY2016, etc. and if you are using Management Reporter for your actual budget comparisons you might have to change the setup of your row/column structures every year!

    Hope this helps,

    Ludwig

  • Community Member Profile Picture
    Community Member on at

    Hi Ludwig,

    I currently have this issue, with annual budgets that require a new report with different budget links set up each year.  If you called a budget something generic like 'Operations', how do you then manage the budget process when setting a new 'operations' each year.  Do you use the same budget model then 'for ever', adding budget register entries each year to the same model?  

    regards,

    AXF

  • Community Member Profile Picture
    Community Member on at

    "If you are using Management Reporter for your actual budget comparisons you might have to change the setup of your row/column structures"

    For the same reason, use the same budget model code for each company in the database.

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