Creating cost budgets
Budgeting in cost accounting resembles budgeting in the general ledger. A cost budget is created based on cost types just as a budget for the general ledger is created based on general ledger accounts.
A cost budget is created for a certain period of time, for example, a fiscal year. You can create as many cost budgets as needed. You can create a new cost budget manually, or by importing a cost budget, or by copying an existing cost budget as the budget base. For more information, see Create G/L Budgets.
You use the following pages to create and analyze cost budgets. Choose the 
icon to find a page, and then read the tooltip for each.
| To | See |
|---|---|
| Transfer budgets from the general ledger. | Copy G-L Budget to Cost Acctg. batch job |
| Copy cost budgets. | Copy Cost Budget batch job |
| Allocate budgets. | Cost Allocation page |
| See cost budget registers and cost budget entries. | Cost Budget Registers page |
| Print cost budget comparisons using various reports. | Cost Acctg. Balance-Budget report Cost Acctg. Statement-Budget report Cost Budget by Cost Center report Cost Budget by Cost Object report |
See also
Accounting for Costs
Create G/L Budgets
Terminology in Cost Accounting
Defining and Allocating Costs
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