Creating & Viewing Cost Center Budgets

📌 Who Can Set & View Cost Center Budgets?

• Admin and Overview users can create and view all budgets.
• Other users can be granted access to the Cost Center Budgets page.
• 📢 Important: If enabled, these users will see ALL cost center budgets (not just those for their department).

📌 To enable additional user access, contact your Brightflag Customer Success Manager.

📋 Steps to Set a Cost Center Budget

1️⃣ Navigate to the Cost Center Budgets Page

• Go to Menu > Financial Management > Cost Center Budgets.

2️⃣ Click Add Budget

• Select "Add Budget" to create a new budget.

3️⃣ Enter Budget Details

• Budget Name – Choose a clear name for easy reference.
• Budget Amount – Define the budget for the fiscal year.

4️⃣ Choose a Budget Type

• Select one of the following:
  ✔ Overall Budget
  ✔ Department Budget
  ✔ Entity Budget
  ✔ Vendor Budget
  ✔ Matter Group Budget

5️⃣ Choose a Budget Value

• Enter the specific value allocation for this budget.

6️⃣ Select a Fiscal Year

• Specify the fiscal year for the budget allocation.

7️⃣ Finalize & Save

• Click Add Budget to save the new cost center budget.

📌 You can create multiple budgets—starting with an overall budget before defining more specific budgets for better financial tracking.