Did you know that tools are available in Infor10 Distribution Business (SX.enterprise) to make updating budgets a little easier for you? These include handy programs to help you Setup, Maintain and Print budget information.
The budgets in SX are stored by account number. You really don’t need to create a budget for each individual account; simply set the budget amount for one account within the subtotal range on your Income Statement.
In GLSB, when you select “NEW”, the screen pictured above will appear. Notice the budgets are stored by YEAR and REVISION NUMBER. SX can maintain up to 99 different budget revisions for the year. Once a certain revision is finalized, you can lock it down so it doesn’t get changed.
After clicking OK, the G/L Setup Budget Accounts screen appears. It allows you to input the budget amounts for each period.
To view the full article, visit the E&A Forum at www.earnestassoc.com/forum.