Summary
In this chapter, we discussed the budget management capabilities of Microsoft Dynamics 365 for Finance and Operations. We explored the basic budgeting configuration of budget models, budget codes, dimensions for budgeting, and budget allocation terms. Then we moved on to the budget planning process, and covered scenarios, stages, budget planning security options, budget planning workflow and its stages, and budget control configuration. Finally, we explored budget management in action by creating a budget plan, where we moved it to the budget register entry and presented the budget control in the general ledger.
In the next chapter, we will cover the intercompany basic setups and transactions.
