Budget purpose types (form)

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

Human resources > Setup > Budget planning > Budget purpose types.

To generate a budget forecast, you must provide estimates for position-related items that affect the budget, such as base pay, 401(k), and insurance amounts. To avoid entering these items manually for each position, you can create budget purpose types that store preset values that you can reference. Budget purpose types can be assigned to multiple positions and can include additional information, such as the legal entity and main account to use.

Note

This form is available only in versions of Microsoft Dynamics AX 2012 R2 prior to cumulative update 7. If you are using Microsoft Dynamics AX 2012 R3 or cumulative update 7 or later for AX 2012 R2, see Set up position budgeting.

Tasks that use this form

Key tasks: Forecast positions

The following tables provide descriptions for the controls in this form.

Buttons

Button

Description

New

Create a new budget purpose type.

Delete

Delete the selected budget purpose type.

Add

Add a new account record to the selected budget purpose type.

Remove

Remove the selected account record from the selected budget purpose type.

Fields

Field

Description

Budget purpose type

The name of the budget purpose type that users will select when adding budget information to positions. For example, Base pay or 401(k). You cannot change the name of the budget purpose type after you save it, so consider all naming conventions prior to saving.

Note

All organizations should have at least one “Base pay” budget purpose type. In addition, most have 401(k) types, life insurance types, car insurance types, and many others.

Description

A description of the budget purpose type. This provides additional information to your users if they are unsure of which type to select when entering default budget information for positions.

Legal entity

The legal entity that the accounting record applies to. Each budget purpose type can only have one accounting line per legal entity.

Main account

The main accounts that are available for the selected legal entity.

Percent

The default percentage of annual gross compensation to use when the selected purpose is assigned to a position. For example, a life insurance budget purpose type that offers coverage up to 10 percent of the annual gross compensation for the position.

Note

This amount can be changed when default budget information is assigned to positions.

Amount

The default flat amount that is associated with the selected budget purpose type, such as a USD 500 car allowance.

Note

This amount can be changed when default budget information assigned to positions.

Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).