This course contains instructions on how to enter and use budgets in IFS Applications. After you have set up the necessary basic data, you can create different budget versions and work with annual or periodic budgets. The budget values can be used for comparison with actual results in queries and reports.
This course includes information on the following processes:
Basic Data and Requirements
Budgeting
The estimated time to complete the Budgeting course is 2 hours and 45 minutes.
The estimated time to complete the Road Map course Accounting Basic is
2 hours.
The estimated time to complete the Road Map course Accounting Intermediate is 10
hours.
This course was designed primarily for application consultants within IFS Financials, and employees working with financial accounting and analysis.
This chapter covers how to set up basic data required in the system before you can start working with the main exercises.
Before taking the lesson in this chapter, you should have basic knowledge of how IFS Applications works.
The estimated time to complete this chapter is 45 minutes.
This course was designed primarily for application consultants within IFS Financials, and employees working with financial accounting and analysis.
This chapter describes how the Budgeting process in IFS Applications works. The Create Budget Version lesson covers how to enter one or more budgets in the system. In the Budgeting lesson, you learn how to work with budgets that reach over a year, and how to distribute the budget amounts over several periods.
Before taking the lessons in this chapter, you should have completed the Budgeting Basic Data and Requirements lesson.
The estimated time to complete this chapter is 2 hours.
This course was designed primarily for application consultants within IFS Financials, and employees working with financial accounting and analysis.