Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

Understanding budgeting capabilities in Dynamics 365 for Finance and Operations

The budgeting module has been improved upon over previous releases of the application. It mainly focuses on the business budgeting process, starting with the budget planning process, which requires organizational efforts from the operations and finance departments. The planning stages consist of all the required steps and workflow approvals, and cover different scenarios of planning approaches to give the needed flexibility in the module's implementation. Then, the approved budget plan is converted to a registered budget that will be the control point during the execution of transactions. The final stage is the reporting, which monitors the operation's performance ...