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1.2.1. Go to the Budget Management panel to choose the desired budget management for Jira settings pagefor updating and choose a budget.
1.2.2. Select To view the details, click the arrow to expand (1) and choose the budget you intend want to modify by clicking on the budget name link (2). This action will take then lead you to the overview page.

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1.2.3. On the left-hand side menu, click on "Settings."” and then click Update Budget orclick “Settings” on the upper right corner and go Update Budget screen directly.
1.2.4. Here, you can make the necessary changes to the fields you require.
1.2.5. Finally, click the "Update" button to save your changes.

1.3. Constraints

When it comes to updating budgets, there are a few important considerations.

1.3.1. First and foremost, each budget name must be one-of-a-kind; no two budgets can share the same name.

1.3.2. Similarly, the budget key or identifier must also be unique, ensuring there are no duplicates.

1.3.3. Moreover, there's a specific limit for the value you can enter in the Budget's Key field - it should fall within the range of 2 to 10 characters.

1.3.4. Lastly, it's essential to note that the Budget Key should only include alphanumeric characters, excluding any special characters or symbols.

1.4. Issues that may arise

When you attempt to update a budget, there are several potential issues that you might encounter:

1.4.1. Firstly, you can't create update a budget because someone else is already using the same budget name.

1.4.2. Similarly, you can't make update a new budget because someone else is already using the same budget key.

1.4.3. Furthermore, you may run into issues caused by the use of invalid characters during the update.

1.4.4. Lastly, it is not possible to update a budget due to the lack of the necessary permissions.