Adjust Budget per Month

Explanation

This activity is used to adjust the budget values for one or more months. The monthly budgets should reflect the assumed operational value per month. When you define a new budget, the budget value for the year will automatically be divided and distributed evenly over the twelve months. Any remainder is added to the last month. This information can be viewed or adjusted in the Budgets tab.

Observe the following example:
An operational budget with a budget value of 50,000 engine hours is created for a given year. This budget value is calculated by the system to 4166 engine hours every month, with the exception of the month of December. After the distribution, the remaining value is added to the December's monthly budget and the total value for the month is 4174 engine hours.

The monthly budget values can be updated, provided that the budget values have not been approved and the total value after the adjustment equals the existing yearly budget value.

Note: You need to redistribute the adjusted values to update the corresponding values on the Vehicles tab. To do this, click Redistribute Month for the budget month for which you adjusted the budget value.

Prerequisites

System Effects

As a result of this activity, the monthly budget values will be updated according to your requirements.