Customer budgets
The key feature of Customer budgets is the ability to monitor the approved budgets. A customer budget is an assigned amount to be spent on a task or a project for the related customer for a specific period of time. Every budget belongs to a specific customer budget definition.
Customer budgets can have the following statuses:
• Initial
• Active
• Blocked
• Closed
Useful facts about these statuses:
• A customer budget can only be deleted in its Initial status. Any changes can also only be done in the Initial status. You cannot set a customer budget to the Active status if the linked customer budget definition is still in the Initial status.
• If you change the status of a Customer budget from Initial to Active, all linked budget periods statuses are also changed to Active.
• You cannot create a new customer budget for a linked customer budget definition that is in Closed state.
• In order to set their status to Closed, you must first set all the linked budget periods to Closed.
You can only transfer budget records to the archive that are in the Closed status.
You can only transfer budget records to the archive that are in the Closed status.
 | You can archive Customer budgets that are no longer relevant. To enable the archiving feature, you must add the actions Transfer to archive and Retrieve from archive to the appropriate Customer budgets layouts. |