What's New in SAP Business ByDesign: Project Budgeting

[jamesvernon_edenstrom]

We'd like to introduce you to one of the things that are new or have been changed in the August 2013 version of SAP Business ByDesign.

Of course, you can find more information in the What's New in SAP Business ByDesign documentation, which is available online or as a pdf.

Today, we're going to talk about Project Budgeting.

Project Budgeting can be done with the help of :

• Period planning: Period planning helps you define the exact timeframe during which resources like work, revenues, materials, and expenses will be utilized and so helps in determining when exactly cost will be incurred.
• Project expense and revenue planning using Microsoft Excel®: As a project manager, you might need to revise the expenses and revenues of projects at regular intervals. You can look at projects across the company and allocate expenses and revenues to them on an worksheet, which can then be uploaded in the system.