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Budget Edit

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jjcyeshua

Veteran Member

Posts: 49

5/4/2007 3:16 PM

Hi! all... I need help regarding Budget Edit. My company is planning to use this to keep track of our buget to actual spending. But it seems that there are two types of Budget Edit (AC and GL). What is the difference between the two and how do i go about implementing this. What is the best way to approach this? Any suggestion will be greatly appreciated. Thanks in advance...

John Henley

Posts: 3353

5/7/2007 12:46 AM

Hi Jonathan,

GL budgets are for use with General Ledger, which are usually organizational in nature; AC is for Activity Management, which is usually project-oriented. If your organization isnot using AC, then you want to use the GL budgets. If your organization is using AC then you need to decide which to use; some organizations use both.

jjcyeshua

Veteran Member

Posts: 49

5/7/2007 2:28 PM

Thank you... John