How can I enable budgetary control for my project?

As a project manager or project administrator with access to project settings, click Edit in the Basic Information section on the Manage Financial Project Settings page.

Then, in the Edit Basic Information dialog box, select the Enable budgetary control check box and click Save and Close.

Note: You can enable budgetary control only if no transactions exist in the project. If cost transactions exist, an error message is displayed. To resolve this error, create a new project that’s enabled for budgetary control, then create a budget and set it to baseline, and then transfer the existing costs to the new project.