[Najeem JanatAli]

Hi All

please can you advice, does every time it requires to set up a separate model for upload of yearly budget

Attached  is the form

please advise

thanks and kind regards

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Nazim Lalji
Dynamics AX Analyst

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[Steve Latta]

Hello Nazim,

I don’t believe it is required, however it is a good practice.

What I do is create a budget model called “Budget” and then separate budget models for each fiscal year “FY2017, FY2018, etc.”. I then add the yearly models as submodels under “Budget”. That way, in Management Reporter, I can build my reports to use the “Budget” model for budget column data and each new year is automatically rolled up into the report without having to change the column definition to use one of the annual budget models specifically.

Using different models would also allow you to set up unique budgets – for example an optimistic budget, a pessimistic budget and an expected budget, if you had a requirement for that.

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Steve Latta
Accountant
Ortec, Inc.
Easley SC
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[Amos Black]

Hi Nazim. You don’t need a new budget model every year. If you do, you’ll need to modify all your budget reports to look at the new budget model. We use the same budget model for our primary budget model year after year, but we do set up different models for different versions of our forecast.

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Amos Black
Analyst, Finance
Shentel
Edinburg VA
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[Ryan Sandness]

It depends on your requirements, but the short answer is no, its not required. 

You could setup a budget model called ‘Annual’ and use it year over year with date filters when necessary.

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Ryan Sandness
Senior Program Manager Ryan.Sandness@microsoft.com
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