Skip to main content

How does the budget category code settings work in Trade Simple

Download Our App

Download on the App Store Get it on Google Play

Comments

1 comment

  • Benjamin Oliver

    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,

    0

Please sign in to leave a comment.