Budgets

Set up a budget for your B2B Commerce Organization to limit spending for groups of people.

A budget is used to limit spending for overall groups of people. Purchases count against budgets by being associated with cost centers. Buyers must select a cost center when checking out, so the purchase total is counted against that budget.

Budgets are not optional. An error will occur if a cost center is used without a corresponding budget. The same budget can be assigned to multiple cost centers.

Creating a Budget

Procedure

  1. From the My Company home page, click Budgets.
  2. Click Add, and then fill in the following required fields:

    • Name

    • Code

    • Start date

    • End date

    • Currency

    • Amount

    • Unit

    Initially, the budget is not assigned to any cost center.

Assigning a Budget to a Cost Center

Procedure

  1. From the My Company home page, click Cost Centers.
  2. Select the cost center that will have a budget assigned to it.
  3. Click Manage, then click Assign for the budget you want to assign.
  4. Click Done.

    The budget Bud1 was assigned to Cost Center 2, as shown in the following example:

    Assigning a Budget to a Cost Center