You work as the Finance Manager for a company.The company uses Microsoft Dynamics 365 Finance for its accounting system.
Budgets have been configured and approved for the upcoming fiscal period.
You need to configure budget control.You need to configure the formula for the calculation of the remaining budget to include draft or unposted documents.
On which tab in budget control can you configure the required setting?
Click on the arrows to vote for the correct answer
A. B. C. D. E.C.
The correct answer is option E - Documents and journals.
In Microsoft Dynamics 365 Finance, Budget control is used to control the consumption of budget funds. Budget control can be configured to monitor expenses against a budget, and can also enforce the use of encumbrance journals, which reserve budget funds in advance of actual expenditure.
To configure budget control for the remaining budget calculation including draft or unposted documents, you need to access the "Documents and journals" tab in the Budget control configuration form.
Follow these steps to access and configure the "Documents and journals" tab:
By configuring the "Documents and journals" tab to include draft or unposted documents in the remaining budget calculation, you can accurately track and control budget expenditure, even when documents or journals have not been posted yet.