Setting up budgetary projections for income and expense has been made easy in NetSuite through the Set up Budget page. If you are a new user, you might not be aware that there are certain features that must be enabled first in order to fully utilize all the fields in the page. In this article, we’ll go over all of them.
You can create a budget by navigating to: Transactions > Financial > Set Up Budgets.
The following are two screenshots of the Budget page. What are the differences between the two pages?
Note: The first screenshot is from a Non-One World Account and the second one is from a One World Account.
To further know the differences between the two, I prepared a table for each field with detailed explanations.
