To create a project budget, enter the expected consumption as forecast transactions on projects. Save forecast transactions to forecast models. Each forecast model makes up a separate budget.

For each forecast transaction that is entered, Microsoft Dynamics AX automatically suggests a forecast model. The suggested forecast model is set up in the parameters form for the project.

Budgets in the Projectsection can be copied, deleted, or transferred to a ledger.

• When you copy a budget, you copy the forecast transactions of one forecast model to another forecast model. When you delete budgets, you delete the forecast transactions of a forecast model.

• You can delimit the forecast transactions that you want to be copied or deleted by using specific transaction types and dates, which allows you to copy or delete specific parts of a budget.

• When you transfer a Projectbudget to a ledger, you transfer the forecast transactions of a forecast model to a ledger budget model.

• You can overwrite any previously transferred transactions in the ledger budget model to which you transfer your project budget.

The following topics provide information about creating and maintaining budgets