About cost accounting budget models

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Click Cost accounting > Setup > Budget model. You create various budget models to enter budget costs.

A budget model can contain many submodels that you attach to the budget model on the Submodel tab. For example, you can create a budget with submodels that represent various departments of the company.

Note

Submodels can contain other submodels. Also, if you use budget control, budget models with submodels cannot be used in the calculation of the available budget balance. For more information, see About basic budgeting and budget control setup.

In Cost accounting, there are three different types of budget models:

  • Cost budget – Used for basic budgeting, such as budgeting of costs and services.

  • Ledger budget – Instead of creating a special budget in Cost accounting, you can use the ledger budget.

  • Flexible budgeting– Used for complex flexible budgets with planning for costs and services. You can also calculate different cost rates.

Note

Select the Stopped check box to indicate that the budget model and the budgets that are based on the budget model are blocked for modifications.

Cost accounting budget

Use the Cost accounting budget model type for standard budgeting of costs and services.

Click Cost accounting > Journals > Cost budget. You enter budget amounts for dimensions and cost categories.

In this form, only budget models of the Cost accounting budget type are available.

Click Cost accounting > Journals > Service budget. You enter budget amounts for Service categories.

Ledger budget

Use the Ledger budget model type to use a budget from the General ledger. This is useful, because you do not have to create a new budget in Cost accounting.

When you use the Ledger budget model type, you must select a specific budget from the General ledger in the Ledger budget field on the General tab.

Flexible budget

Use the Flexible budgeting model type for advanced budgeting, such as flexible planning of costs and services or planning of calculations. Before you work with the Flexible budgeting model type, you must enter the following settings:

Click Cost accounting > Setup > Budget model.

  • Cost category setup

  • Dimension setup

  • Line structure on the General tab

See also

About cost accounting budgeting

About flexible budgets