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https://issues.apache.org/jira/browse/OFBIZ-3169?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=14966761#comment-14966761 ]
David Hughes-Owens commented on OFBIZ-3169:
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I recently added these comments onthe nabble forum, but maybe better placed on here?
I am looking at the accounting functionality as there is a proposal to use ofbiz in our overseas subsidiaries including the accounting elements.
It is apparent that it is possible to enter accounting transactions with the various GL fiscal types to enter budgets and forecasts in Ofbiz accounting. However the OOTB accounting transactions do not allow for accounting tags to allocate budgets to specific areas of the business. Although, for us this would be a simple modification to incorporate the tags we already use and store against accounting transactions entities.
I have also seen the budget entity tables, again these could be adapted to capture the accounting tag detail that would be required to set budgets against specific areas of the business and gl accounts. But these appear to have no link to entering budgets via the GL fiscal type method or the subsequent reporting.
In addition, there is the approval process that I believe Hans introduced, but this does not provide the functionality that would be required to setup a revenue/operational budget.
I have been in contact directly with Sharan to get her view on how budgets are supposed to be handled by Ofbiz.
For me, it seems the gl fiscal type and creating accounting transactions is the simplest method of setting revenue/operational budgets and forecasts.
> Implementation of Budget functionality.
> ---------------------------------------
>
> Key: OFBIZ-3169
> URL:
https://issues.apache.org/jira/browse/OFBIZ-3169> Project: OFBiz
> Issue Type: New Feature
> Components: accounting
> Affects Versions: Trunk
> Reporter: ashish tiwari
> Priority: Minor
>
> This is regarding Budget functionality implementation in OFBiz. I have found that enitities related to budget functionality are present in OFbiz but I
> was not able to find the functional implementation for the same. So I needed to confirm is this functionality implemented or not.
> In case it is not I am interested in implementing the same in OFbiz. I have found a general flow of the budget process and i am mentioning the steps in this mail. So please go throurgh the steps and you are requested to give in your comments regarding the same.
> 1. Request for the budget is generated by the Deptartment.
> 2. Budget request is submitted to board of directors/higher officials for approval.
> 3. Budget request is either approved or rejected.
> 4. If the budget is approved it is created as annual budget(Total cost in the budget is alloted to Department).
> 5. Now item wise budget is allocated to different items by Department Head.
> 6. Profits achieved can be calculated on the basis of fiscal years for a budget by compairing the proposed budget and the actual budget.
> 7. All the data regarding the budgets created are maintained.
> Waiting for your comments.
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