Using Budget Adjustments
The Budget Adjustment feature lets you modify project budgets in a controlled and trackable way. Whether you need to credit funds to an item or debit them, adjustments keep your budget accurate while maintaining a clear audit trail.
Creating a Budget Adjustment
Navigate to your Project Budget.
Click the “Adjustments” button.
Select “New Budget Adjustment.”
Filling Out an Adjustment
When creating a Budget Adjustment, you’ll need to complete the following fields:
Budget Item – Choose the cost code in the budget you want to adjust.
Notes – Add any specific notes for future reference.
Type –
Debit: Removes funds from the selected Budget Item.
Credit: Adds funds to the selected Budget Item.
All debits and credits appear in the Modifications column.
Status –
Approved: Only approved adjustments appear in the live budget.
Pending / New: Use these statuses for adjustments that are still under review and not yet finalized.
Best Practices
Use notes to document why the adjustment was made for future clarity.
Keep adjustments Pending until reviewed and approved by your team.
Regularly review Modifications to ensure all changes reflect actual budget decisions.
✅ With Budget Adjustments, you can keep your budget flexible while ensuring accountability and transparency.