1. NetSuite Enterprise Performance Management
  2. NetSuite Planning and Budgeting
  3. Planning and Budgeting Financials
  4. Planning and Budgeting Financials User Guide
  5. Budgeting and Analysis
  6. Budgeting Management Overview
  7. Modifying Budgets by Adjusting Budget Forms
  8. Working With OpEx Adjustment Forms for Budgeting
  9. Entering Operating Expense Budget Values by Department

Entering Operating Expense Budget Values by Department

The form summarizes the operating expenses, in selected Currency, by Department and by using the NetSuite General Ledger accounts.

Use the OpEx by Department Budget form to enter departmental Budgets.

To enter the operating expense Forecast by Department at Account level:

Note:

To see the results of your changes, go to tab 4 in the Budget card, and review the Income Statement -Budget form.

  1. From the Home page, click the Budget card.

  2. Click the 3 tab on the left-hand side.

  3. Click OpEX by Department.

  4. In the Point of View (POV), select a Scenario, Version, Subsidiary, Currency, and Department.

    Note:

    To enter Budget values in this form, you must set your POV to level 0 members.

    If you use Forms 1.0, click the Go icon Screenshot of the Go icon to apply the changes to the POV.

  5. To update the Budget value on an Account, click the arrow in the cell that intersects the relevant Account row and the Trend OpEx Budget column.

    Select Prior Yr Forecast. Alternatively, select Manual to manually enter Budget values.

    Note:

    You can only enter Budget values where the trend is set to Manual or is blank.

  6. For Account members set to Prior Yr Forecast, in the Adj (%) column, enter the percentage increase or decrease as a decimal value. For example, enter 0.01 for a 1% increase or -0.01 for a 1% decrease.

    Warning:

    If you enter a percentage value in the Adj (%) column for an Account set to Manual, the adjustment will not be applied.

  7. For Account members set to Manual, enter the Budget values for each Budget period. Alternatively, in the Total column, enter the total Budget value for the Budget periods.

    Note:

    If there are no previous values in the data grid for the Account row, the total spreads back over the periods evenly. If previous values exist in the data grid for the Account row, the total spreads back over the periods proportionally.

  8. Click Save.

  9. To populate top-level members with the adjusted data in the input currency, right-click the data grid, and then select Aggr to Income Statement Budget.

General Notices