Imagine this scenario:
You have a board meeting that happens every year in March with expenses budgeted in January within hundreds of departments. Due to unforeseen events beyond your control, those event expenses will now be budgeted in May. You’re thinking, “I’m going to have to go into every department’s budget and update the month for those expenses”. There’s an easier way using the Spread Method in Dynamic Budgets!
Set up a spread method for the board meeting (or any other planned event/activity) and update the month(s) budgeted in one location. That update will populate to all of the departments where the spread method was used.
For help on this feature, please contact our team or schedule a support session.