Creating a Sub-Budget Plan

log into the console open the sub budget plan workspace click new itfm sub budget plan on the sub budget plan page, the following tabs are displayed details enter information into the fields then click save field description name a unique name for the sub budget, such as sales and marketing owner name of the owner the default owner is the creator of the record sub budget type type of sub budget service type of service to be budgeted, such as mobile communication this field is only displayed when the service sub budget type is selected entity the organizational unit or entity to budget, such as sales and marketing this field is displayed when the entity sub budget type is selected budget buffer the buffer in the budget subtotal subtotal that is automatically calculated budget start date start date for the sub budget plan budget end date end date for the sub budget plan if the sub budget is created from the master budget, these dates are automatically entered by the system or you can enter the dates manually budget item a click new itfm budget item b enter information into the fields then click save field description name a unique, descriptive name for the budget item description a description of the budget item price list item type of price list item for the sub budget cost driver type of cost driver that is automatically entered by the system based on the selected price list item if the price list item is empty, you can manually enter a number unit cost cost of the unit the default currency is usd unit of measure unit of measure such as user, feet, or each usage the number of units to purchase or the number of hours used budget automatically calculated by the system based on the unit cost multiplied by the usage number when this item is calculated, the total amounts in the sub budget and master budget plans are updated budget start date start date for the budget item budget end date end date for the budget item if the sub budget is created from the master budget, these dates are automatically entered by the system however, you can enter dates for your sub budget these dates have constraints the start date cannot be earlier than the sub budget start date and the end date cannot be later than the sub budget end date capital expense direct cost fixed cost these are automatically selected based on the price list item you can also manually select them budget requirement a click new itfm budget item b enter information into the fields then click save field description status status of the budget requirement name a unique name for the requirement description a brief description of the requirement contact a contact name entity type of entity that is automatically entered based on the selected contact audit the audit tab displays the following information field description name date when the sub budget plan was created user name of the person who created the sub budget plan event type type of event description a summary of the sub budget plan enter details in the creating an activity history item docid\ dolnqxplsr ccl3 udx4k and attachment docid\ dwyg6strtal1zdoaecfjz click save linking a sub budget plan to the master budget after you have created a sub budget plan, you can link it to the master budget plan log in to the console open the master budget plan workspace from the sub budget tab of the master budget plan, click the link button enter the name of the sub budget to link to a list of possible sub budgets is displayed choose a sub budget and click select the sub budget plan is added to the list