01 · Finance & Commercial Administration

Budget Control Workspace

A place to plan departmental or project budgets and review commitments against the approved amounts.

A budget can appear available even when part of it is already committed through approved orders. This workspace helps budget owners and finance review that position. It separates proposed spending, commitments and actual expenditure so the same amount is not mistaken for several independent costs.

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02

What it manages

Budget records can hold categories, periods, approved limits, requests, commitments and actual expenditure. A pending request, an approved order and a paid bill are different states. Keeping them separate avoids counting the same expense twice while showing spending already committed.

03

How it works in a business

An owner proposes a budget and the authorised manager approves it. Purchase requests reserve or check available funds according to policy. Actual spending is reconciled from the finance source, and changes to approved limits require a recorded decision.

04

What SFn can customise

SFn can configure budget periods, thresholds and approval roles. Purchase and accounting references can be connected. Variance reports need agreed treatment of commitments, cancelled orders and transfers between categories before they are used to restrict spending.

05

Related & next step

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