Budget edits

Budget edits provide real-time budget enforcement for activity-related transactions that originate in Lawson applications. Budget edits compare your costs (past, in progress, and current) to the active budget you defined. If the cost associated with a transaction will exceed the budget amount, then the application automatically stops the transaction. You can define tolerance limits for your budget edits for added flexibility. The specific formula used for budget edits is shown below.

Note: If you use multiple currencies, budget edits are performed after amounts are normalized to base currency.

(Posted amounts + Commitments + Current Transaction Amount) <= Budget Amount (1 + Tolerance %)