In Budget Management, it is possible to add one or more forecast lines to each budget. All forecast records with the Active status will be included when calculating the available budget. The hard forecast amount is subtracted from the budget.

If you use the light-weight Capital Project Management solution and do not want to add work orders or contract lines in Planon, there is a possibility to change a forecast into a commitment and actual payment, by changing the forecast status to Committed or Paid. The amount in the Hard forecast field will be committed and it will be deducted from the budget as committed or paid costs (the budget will be updated via journal entries). The statuses Inactive and Active will not generate journal entries.

To add a budget forecast, proceed as follows: