Define budget cycles
Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012
Use the Budget cycle time spans form to specify the fiscal year or the number of periods for the budget cycles that are associated with the budget cycle time span. Budget cycle time spans are associated with fiscal calendars to determine the length of each budget cycle.
Like fiscal calendars, budget cycles can be shared across legal entities.
When you configure budget control, you assign a budget model to budget cycles. This determines the budget amounts for budget control and is specific to the ledger for the legal entity that you are configuring budget control for. For more information, see Set up budget control.
Click Budgeting > Setup > Budget control > Budget cycles.
Click New and enter a name for the budget cycle time span.
Select a fiscal calendar to associate with the budget cycle time span.
In the Length of budget cycle field, select Specify number of periods or Map to fiscal year.
If you select Specify number of periods, enter the number of accounting periods for the budget cycle. If you select Map to fiscal year, the budget cycle time span uses the fiscal year that is defined by the starting and ending periods for the budget cycle.
Click Add. Enter the name of the first period in the budget cycle time span and enter the date when that period starts. The ending date for the budget cycle is determined automatically based on the number of fiscal periods in the budget cycle time span.