How do other handle budget scenarios

Sylvia Cook

First off, we are still new to Blackbaud, and 2021 is our first year with the budget module. We started with making the different budget scenarios from the different departments in excel, used the budget creator to load them all, and then did a merge to create a master budget for 2021. That all worked well. In payables, the new master budget was selected for budget checking to work.

This week we want to make a budget adjustment to an account. We want to track budget changes by quarter so we started a Q1 budget adjustment scenario. My guess is we need to merge that budget to the master to see that change in the master and for payables to check against the budget, correct? What happens when we have another adjustment to track in Q1 and we merge the Q1 to master budget? Will it add the first adjust on again every time we merge? How are other organizations handling their budget adjustments in FE/NXT?

Sylvia

Sylvia Cook

I think I got my answer through support. I need to finalize the budget and then make adjustments directly and track adjustments that way. New to this module and forgot this step but it's coming back to me from the training.

David Lee

Thanks for sharing this, Sylvia.