How does the budget category code settings work in Trade Simple

Simon Madders

• November 20, 2019 00:00

Hi Fourth,  can you please let us know how the Budget Category Code fields that can be found against each supplier setting is intended to be used? I have attached an image of where you this setting can be found.   @Adam Dattis​ FYI   Many thanks Simon [Image: Budget Category Code] ​

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  Benjamin Oliver

  • November 20, 2019 00:00

  Hi @Simon Madders​ 

   

  The budget category functionality allows you to utilise supplier budgets in a slightly different way. With the traditional budget files you specify an amount that a unit is allowed to spend with a single supplier during a financial period. The Budget Category code allows you to bundle suppliers together and apply a consolidated budget amount to all of them.

   

  For example, if I only want my unit to spend £1k per month on food but I have 3 food suppliers I would load a category budget of £1k against the category FOOD and then add the category code of FOOD to all my food suppliers, that way any purchases made from any of my 3 food suppliers would deplete from my overall £1K Food budget.

   

  The category budget load file is the same format as the supplier budget load, but in place of the supplier code you would add your category codes.

   

  I hope that helps,

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