Creating budgets

In Sales Analysis, budgets can be used to represent forecasting sales by period and year for some point in the future. You can budget sales (amounts), costs, quantities, and so on.

You can create budgets using these summarization factors:

Company
Company-customer
Company-item

This procedure outlines the process for creating all three kinds of budgets.

Before you create budgets, you must have defined the company parameters, period ending dates, and inquiry formats.

Access the appropriate form according to the type of budget that you want to create:
- Company Budget (SA02.1)
- Customer Budget (SA03.1)
- Item Budget (SA04.1)
Create the budget. Complete these fields with the correct information:

Company

Specify the company number.

Year

Specify the fiscal year that you want to define the budget.

Period

Specify the period during which the booked or actual sales occurred.
If you are creating a company-customer budget, then specify a customer, and, if necessary, a customer code which groups customers for sales reporting.
If you are creating a company-item budget, then specify an item and an inventory location.
Complete one, two, three, or all four of these fields:

Sales

Specify the sales dollars budgeted for this period.

Discount

Specify the discount amount budgeted for this period.

Cost

Specify the cost dollars budgeted for this period.

Quantity

Specify the quantity budgeted for this period.
If you are creating budgets for multiple periods, then click Mass Entry. If you are defining 13 periods or more, then you can mass specify budgets for a quarter. If you are defining fewer than 13 periods, then you can specify budgets for a period and year.
Select the Add form action.

Related reports and inquiries


To	Use
List company budgets	Company Budget Listing (SA202)
List company-customer budgets	Customer Budget Listing (SA203)
List company-item budgets	Item Budget Listing (SA204)