Creating Cost Budgets
Budgeting in cost accounting resembles budgeting in the general ledger. A cost budget is created based on cost types just as a budget for the general ledger is created based on general ledger accounts.
A cost budget is created for a certain period of time, for example, a financial year. You can create as many cost budgets as needed. You can create a new cost budget manually, or by importing a cost budget, or by copying an existing cost budget as the budget base. For more information, see Create G/L Budgets.
You use the following pages to create and analyse cost budgets. Choose the icon to find a page, and then read the tooltip for each.
|Transfer budgets from the general ledger.||Copy G-L Budget to Cost Acctg. batch job|
|Copy cost budgets.||Copy Cost Budget batch job|
|Allocate budgets.||Cost Allocation page|
|See cost budget registers and cost budget entries.||Cost Budget Registers page|
|Print cost budget comparisons using various reports.||Cost Acctg. Balance-Budget report
Cost Acctg. Statement-Budget report
Cost Budget by Cost Centre report
Cost Budget by Cost Object report
See related training at Microsoft Learn
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