The subject "Budget Next Phase" registers and changes the budget that a project needs for its next phase.
The administration first establishes an approved expose. After that, the project developer can start to realise the relevant phase of the project. A next phase normally needs a higher budget. This subject records the budget that the project developer thinks is needed for the next phase.
The entry fields are:
- "Project": The project to which the budget for the next phase belongs. When merged reports are turned on, search for the master project.
- "Cost Type": The cost category on which the budget for the next phase is registered. Only cost categories of the master roll up of type "Costs" or "Revenues" can be chosen.
- "Amount Next Phase": The total budget amount that is requested for the next phase.
- "Explanation Next Phase": An optional explanation of the requested budget.
The other fields are:
- "Budget": Reference to a budget as registered in [[Invantive Estate/Subjects/Finance/Budgets|Budgets]].
- "Remaining Cost Category Budget after Movements": The budget after the adjustments for budget movements.
- "Deviation Next Phase": The difference between the amount for the next phase and the budget for the next phase.
- "Deviation": The total difference between budget and revenue for all phases.