Add and Manage Budget Categories

Budget Category is a value which can be specified on a Financial Worksheet of a project. It is used in the construction of a Financial Plan to identify where overall project funding will be allocated.

To add a new budget category

  1. On the left icon bar, click the Administration icon .
    The Administration page is displayed.

  1. Under Financial, click Budget Categories.
    The Financial Budget Categories page is displayed.

  1. Click Edit.

  1. Click Add New.
    A new row is displayed below.

  1. In the Name field, type the name of the new budget category.
  2. In the Abbreviation field, type the abbreviation suggested.
  3. In the Description field, type the description for the new budget category if needed.
  4. Click the arrow in the Type field.
    A drop-down menu is displayed.
  5. Select the type required.
  6. In the GL Account field, type the required account.

  1. Click Save.

 

To edit a budget category

  1. On the left icon bar, click the Administration icon .
    The Administration page is displayed.

  1. Under Financial, click Budget Categories.
    The Financial Budget Categories page is displayed.

  1. Click Edit.

  1. Double-click in the field required to edit.

  1. Click Save.

 

To delete a budget category

  1. On the left icon bar, click the Administration icon .
    The Administration page is displayed.

  1. Under Financial, click Budget Categories.
    The Financial Budget Categories page is displayed.

  1. Click the Delete icon to delete the required budget category.

  1. Click Yes to confirm deleting the budget category required.

  1. The selected budget category is deleted successfully.