Forecasts for budgets
In Budgets , you can add one or more forecast lines to each budget. All forecasts with the Active status are included in the available budget calculation, and the hard forecast amount is subtracted from the budget.
If you're using the
light-weight configuration and prefer not to add work orders or contract lines in Planon, you can change a forecast into a commitment or actual payment by changing its status to
Committed or
Paid. The amount in the
Hard forecast field is committed and deducted from the budget as committed or paid costs, updating the budget via journal entries.
Forecasts with the Inactive or Active status do not trigger journal entries.
Procedure
1. Go to Budget details > Forecast.
2. On the action panel, click Add forecast or Add budget commitment.
4. Click Save.
You have now added a forecast for a budget.