How to Use the Planning and Budgeting Suite

The Work module contains Planning and Budgeting modules allowing you to define your fiscal year, estimated budget, and asset maintenance tasks within each area of your department. These modules link to Work Orders so that you can track actual costs of labor and materials as well as compare your costs to the estimated budget amount.

Here, we've defined the typical work flow process used to define a fiscal year, create a department, and plan work tasks. Follow the steps below to utilize these modules in the Planning and Budgeting record set. For detailed information, follow the links below:

  1. First, you'll need to turn on the "Integration with Planning Modules" option in Work Options. This option appears on the General Options tab.
  2. Next, create a Fiscal Year record.
  3. Create a Department record.
  4. Create a Planned Task record.
  5. After you've created Fiscal Year, Department, and Planned Task records in the Planning and Budgeting modules, you can create work orders containing your recently created Planned Task. In order for costs to be calculated, make sure the following fields are filled in to match the data you've used in the Planning and Budgeting modules:
  6. Now, you can run the Toolkit Cost Calculations. These perform cost updates allowing you to track how much money was spent in the fiscal year on planned tasks, how much of the budget has been expended, and how much of the budget remains. You can perform these Toolkit calculations at any time; however, we recommend that they are performed in the order below:

See Also

Planning and Budgeting

Fiscal Year

Department

Task