A budget is an estimation of revenue and expenses over a specified future period of time. Budgeting is an important aspect to any company, no matter how big or small, in order to see where the company has been and to plan accordingly for the future Analytical budgets provide the basis for managing and controlling a group… Read More »
The budget of a company is often compiled annually, but may not be a finished budget, usually requiring considerable effort, is a plan for the short-term future, typically allows hundreds or even thousands of people in various departments (operations, human resources, IT, etc.) to list their expected revenues and expenses in the final budget. In… Read More »
Ever ran into a situation where you are asked to enter dimensions (get the below screen shot) for a particular ledger account even if no Dimensions are set against the account. And you are not allowed to do the transaction unless you provide the dimensions to that Account To create/perform transactions in Sage X3 without… Read More »