Budget Tree: Configuration Prerequisites

Before you start to configure a budget tree, you must be sure that the system has been configured properly and that all required entities have been created, as described in the following sections.

Enabling the Needed Features

On the Enable/Disable Features (CS100000) form, the minimum set of features has to be enabled.

Also, if subaccounts are used in your system, make sure the Subaccounts feature has been enabled.

Configuring the System

You need to make sure that the following implementation tasks have been performed in MYOB Acumatica before you begin configuring a budget tree:

• On the Companies (CS101500) form, the companies of the organization have been configured, and the appropriate actual ledger has been assigned to each company. For details, see Company Without Branches: To Configure a Company Without Branches.
• On the Chart of Accounts (GL202500) form, the accounts to be used with the accounts receivable functionality have been defined. For more information, see General Ledger: To Create a Chart of Accounts.
• On the General Ledger Preferences (GL102000) form, the preference settings for the general ledger functionality have been specified. For details, see General Ledger: To Specify General Ledger Preferences.

If subaccounts are used in your system, make sure that the following implementation has been performed:

• On the Segmented Keys (CS202000) and the Segment Values (CS203000) forms, the structure of the SUBACCOUNT segmented key has been defined and the list of possible segment values have been specified. For more information, see Subaccounts: Implementation Activity.
• On the Subaccounts (GL203000) form, the subaccounts you are going to use in the budget have been added.