Budgets Period End Update

Use the Budgets Period End Update routine to clear customer budget information in preparation for the new budget season. During the Period End Update each customer's Budget Amount, Credit Balance, Charge Balance, and Budget Balance Due fields are cleared and their Acceptance Status is set to Finalize. In addition, each customer's Age balances add to their Non-Budget Balance Due. You can run the Period End Update when the budget period is over.

Notes:

The Budgets Period End Update routine only processes the budget customers with a Cycle Code and Company Number that matches the routine specifications and whose Budget Acceptance Status is set to Active.
To include a customer in the Budgets Period End Update, the Period End Update Budget Date must be greater than the Budget Cycle's End Date that is assigned to the customer.
For additional information, see Customer Budgets.

Directions:

To open click Processes from the menu; then click Budgets; and Period End Update.

Or, use the keyboard shortcut: [ALT] [p] [b] [u].

Budgets Period End Update Window Example:

Budgets Period End Update Prompt Options
Budget Cycle	Enter the Budget Cycle Code for processing the Budgets Period End. (up to 5 characters)
Company Number	Enter a valid Company Number to process. (2.0 numeric) Tip: To process all companies, leave blank.
Budget Date	Displays the system date as the Budget Date. Note: You can not edit the Budget Date.
	To run the routine and generate the report, click Proceed, or press [ENTER]. Keyboard shortcut: [ALT + p] Or to escape from the Period End Update Routine without running the update,click Cancel or click Close Keyboard shortcut: [ALT + c]
Processing Messages	To close the Period End Update after it is complete, click Done. Keyboard shortcut: [ALT + d] Note: The Processing window lists customers that are processed and Done displays when it is completed.