Who can complete this task?
- Administrators and Site Staff with the Financial Management Extended Permission
Overview
Once all sections are complete and approved, you can update the budget’s status.
Note: This action affects billable items and invoicing. Ensure all budget reviews are complete.
Make Budget Current
To update the budget’s status, complete the steps below:
- Navigate to Finance
- Select Edit associated with the budget to update.
- Select Current from the Status field dropdown.
- Select the effective date and if needed, update the Version Description.
- Select Save. Budgets are version-controlled; if changes are required after saving, you can create a new draft based on the current version.
