Budget in Training and Events

[Former Member]

Hello,

I'm trying to configure the budget in training module.

I will not have integration with Billing and Materials Management so I only want to create a Budget and have always the budget comparison, this means to compare the budgets created for each organizational units with the training and education costs incurred in Training and Event Management up to a certain key date.

I don't know where should I create the costs in the event.

Could anyone help me?

Thanks

Carla Diniz

[Former Member · Accepted solution]

Hi Carla, I'm also exploring the same area as you. You would need to set the internal price for your business event. Upon booking of the business event, use the Book with Payment option and you would need to charge to a cost centre. This will then enable the Budget Compare function to pick up this booking. Hope this helps.

[Former Member · Accepted solution]

Hi,

Your answer is very good for me, but I steal have a question?!

Do you now what's the difference between internal and external price?!

I think that is not necessary to charge a cost center to be possible to make a budget compare.

BR,

Carla

[Former Member · Accepted solution]

hi carl

internal price is when the training is conducting in the company campus what will be the proposed amount and if the training is conducted out side the company campus for ex conducted in some other company ar some other place how much amount can be proposed . averageof the both internal and external is the proposal amount.

bye

naveen

[Former Member · Accepted solution]

Hi Carla, I have tried to make Budget Compare work without doing the charging, but it always fails...

Internal price is for internal activity allocation purposes and external price is for billing.