Enter information into the fields. Then click Save.
Field
Description
Name
A unique, descriptive name for the budget item.
Description
A description of the budget item.
Price List Item
Type of price list item for the sub-budget.
Cost Driver
Type of cost driver that is automatically entered by the system based on the selected price list item. If the price list item is empty, you can manually enter a number.
Unit Cost
Cost of the unit. The default currency is USD.
Unit of Measure
Unit of measure such as user, feet, or each.
Usage
The number of units to purchase or the number of hours used.
Budget
Automatically calculated by the system based on the unit cost multiplied by the usage number. When this item is calculated, the total amounts in the sub-budget and master budget plans are updated.
Budget Start Date
Start date for the budget item.
Budget End Date
End date for the budget item.
If the sub-budget is created from the master budget, these dates are automatically entered by the system. However, you can enter dates for your sub-budget.
These dates have constraints. The start date cannot be earlier than the sub-budget start date and the end date cannot be later than the sub-budget end date.
Capital Expense
Direct Cost
Fixed Cost
These are automatically selected based on the Price List Item. You can also manually select them.