Precoro's budget is set up to limit and track purchases in any desirable way whether by Location, Department, or any Items Custom Fields (Chart of Accounts/ Cost Centers or General Ledger). 

TABLE OF CONTENTS

1. Prepare Settings to Add Items Custom Fields to the Budgets

2. Add budgets by Chart of Accounts, Cost Centers, or General Ledger

3. How to select a Budget by Items in the Purchase Orders


1. Prepare Settings to Add Items Custom Fields to the Budgets

  • In your Items Custom Field, make the tick-box Budgets active. It enables you to create budgets by Chart of Accounts, Classes, or General Ledger;

Track Chart of Accounts/ General Ledger in your budget


Please note, if you need more than one budget for a Purchase Order or Invoice, you must set up Budgets by the Chart of Accounts or Classes.

If you don't see a Chart of Accounts, Classes, or General Ledger, please read this article on How to Create Chart of Accounts.


You can calculate your budget either by Net Total (an amount with no deductions) or Gross Total (an amount with the deduction as taxes or discounts). See the demonstration below on how to configure that:


2. Add budgets by Chart of Accounts, Cost Centers, or General Ledger



3. How to select a Budget by Items in the Purchase Orders