Creating Budget Formulas to Allocate Budget Amounts
You can allocate budget amounts automatically using budget formulas and statistical amounts. This is useful if you use recurring journal formulas to allocate actual amounts from your operating results. In this case, you define similar recurring formulas for allocating budget and actual amounts, helping you track budget versus actual variances.
To allocate budget amounts using a budget formula:
1. Enter amounts for the budget accounts from which you want to allocate.
2. Define budget formulas the same way you define recurring journal formulas.
3. Calculate budget amounts using the budget formula batches you defined to allocate amounts.
See Also
Creating Budget Formula Batches
Entering Budget Amounts
Calculating Budget Amounts
