Budget Processing - Update G/L Budget

You can create Project Budgets and then update your (financial) budgets in G/L using the G/L Budget Integration feature and the Update G/L Budget feature. For more information on G/L Budget Integration see: G/L Budget Integration Setup

Once the G/L Budget Integration is set up, you can update the G/L Budget based on different criteria on the Project Budget. Use Update G/L Budget to update individual Projects or Projects with a certain status. If no filter is used all Projects are updated. When you run the update process, the Pipeline Percentage is taken into consideration. If the Pipeline Percentage is only 80%,then 80% of the Budget is integrated back to GL.

For More Information

For more information on Budgets, see:

Create and Manage Project Budgets

Create a Budget