Budgets and Financial year settings
Manage budgets and configure financial year settings
By Rubin1 author9 articles
- Create a new budget lineCreate dedicated budget lines to allocate and manage funding for specific types of works, with defined access and approval controls.
- Budget override controls for capital jobsManage which user groups can override budget controls and review how budgets are calculated across periods.
- Add a 53rd week to a financial yearConfigure an additional 53rd week to align financial reporting periods correctly.
- Set up a company code and business entityCreate business entities and company codes in Access Maintain and assign them to units for accurate financial reporting.
- Change the recipients of payment filesUpdate who receives payment files to ensure they are sent to the correct inbox during team changes or handovers.
- Manage Payment Processing FrequencyConfigure how often payment certificates are generated to ensure alignment with your organisation's financial periods.
- Manage budget control settingsConfigure how budgets are allocated, carried forward, or recouped across periods and financial years.
- Change financial period datesUnderstand what financial period changes you can make directly in the system, what requires support, and what needs the development team.
- Upload planned maintenance and repair budgetsImport site-level budgets for repairs and planned maintenance by completing the template and uploading it in the Finance area.