Budget modifications
Managers of customer budgets can use the Add modification feature to modify the amount on a budget. With a budget modification, they can increase or decrease the budget amount to accurately reflect the latest state of affairs.
Customer budget modifications can have the following statuses:
• Initial
• Approval requested
• Approved
• Rejected
Useful facts about these statuses:
• You can only change the status of a budget modification to Approved if the linked budget has the Active or Blocked status.
• Once approval is requested for a modification, or when it is approved, the amount can no longer be changed.
• When a modification is approved, the amounts on the budget (and any linked budget periods) will be updated.
• If Customer budget modifications have the Approved status they can no longer be deleted.
 | Any linked budget periods are also taken into account in a modification, if their date-times match with the modification's date-times. On the modification, you can manually redistribute the new budget period amounts as required. |
For information about adding modifications, see Adding modifications to a customer budget.