The “Final” Budget Frontier: How to Finalize a Budget Scenario
Have you recently created or copied a budget? Have you allotted all of the appropriate amounts? Do you believe that you are done with entering your budget? If that is the case, then you are ready to finalize your budget.
Finalizing your budget will lock the budget period amounts for a scenario.
To finalize your budget, simply select Budget from the menu bar within the record, then select Budget Tools, and finally, select Finalize scenario. Should you need further assistance, please click on the Knowledgebase solution provided below: How to Finalize Budgets in The Financial Edge: BB63107.
So, you have successfully finalized your budget. Good job! Wait, you want to make changes. No worries, The Financial Edge has got you covered. Changes can be made, but only with Budget Adjustments. For instruction on creating Budget Adjustments:
- The Records Guide for the General Ledger of the Financial Edge – Page 156
- How to Adjust Budget Amounts in General Ledger 7: BB188090
You are now all set to finalize and adjust your budgets.
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