Create an Income/Expense Actual
- Nida Nur Çelik (Unlicensed)
- Sílvia Loureiro
1. Create an Income/Expense Actual
1.1. Prerequisites
A user with create permissions can generate a new Income/Expense Actual for a particular budget.
1.2. How to
To create an Income/Expense Actual within the Budget Management settings, follow these steps:
1.2.1. Go to the Budget Management panel.
1.2.2. Choose the budget for which you want to create an Income/Expense Actual by clicking on the budget name link. This will take you to the overview page.
 Overview page |
|---|
1.2.3. On the left-hand side, click on the Income/Expense tab, which will open the Income/Expense list panel.
|
|---|
1.2.4. Click on the "Create" button, this action will open the panel to create a new Income/Expense.
1.2.5. When the Actual option is selected to create a actual Income/Expense, Planned or Unplanned question will open.
Planned Actual refers to an intentional action of generating revenue. Unplanned Actual refers to unexpected or unplanned Income/Expense that was not accounted for in the original budget.
|
|---|
1.2.6. After choosing Planned or Unplanned, one of the following forms will open.
|
|---|
Categories are used to organize, sort, and group similar things together to facilitate understanding, navigation, and management.
Groups refers to a specific division, department, or section within an organization that focuses on a particular function, project, or aspect of the business. It helps structure and organize an organization's activities and resources based on specific goals or functions.
|
|---|
1.2.7. Please complete the required fields.
1.2.8. When creating a new Income/Expense Unplanned Actual, ensure that you supply all the required information, including having at least one defined Income/ Expense in the "Add Actual" section to proceed.
|
|---|
1.2.9. Click Add.
1.2.10. Proceed by clicking on “Create” button.
1.2.11. If you want to add an Actual to an Income/Expense Actual later, click the icon next to it. The following "Add Actual" screen will open.
|
|---|
1.2.12. After creating, view the details by expanding the arrow.
|
|---|
1.3. Constraints
When it comes to Create an Income/Expense Actual, there are a few important considerations.
1.3.1. You can create an Income/Expense Actual with multiple entries.
1.3.2. Different Income/Expense Actuals can be created in different currencies, requiring a specified exchange ratio.
1.3.3. Required fields must be completed; otherwise, the creation will fail.
1.3.4. Necessary permissions are required to create an Income/Expense Actual successfully.
1.4. Issues that may arise
When you're attempting to Create an Income/Expense Actual, there are a couple of potential issues that might come up.
1.4.1. Lack of create permissions for the associated budget will prevent creation.
1.4.2. Failure to complete required fields will result in an error message.