Reallocating budgets
Budget amounts can be moved between accounts, account and analysis combinations or
periods.
A journal is entered to credit the source budget and debit the target budget.
For example, if budget is to be moved from Account A Period 04/2006, to Account B Period 03/2006, the following journal must be created:
Account | Analysis | Period | Amount | D/C |
A | 04/2006 | USD 100 | C | |
Miscellaneous Account | 04/2006 | USD 100 | D | |
B | 03/2006 | USD 100 | D | |
Miscellaneous Account | 03/2006 | USD 100 | C |
Note: You should not move more than the
available budget for that period because you will cause an overspend against the budget. The
available budget is calculated as: available budget = budget - committed expenditure - actual
expenditure.