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Getting Started with Jet Budgets


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Overview

So, your company has licensed Jet Budgets?  Congratulations!  You are going to love how Jet Budgets allows you to control, expedite and streamline your budget process.

Remember that Jet Budgets requires that your company has the Jet Hub installed.  If you are looking for information or assistance with installing the Jet Hub, please have your IT Team complete the items on the Pre-Installation Checklist then submit a request to the Jet Support Team to schedule an installation.

Jet Budgets Best Practices

Before you dive in and start creating a budget, assigning work items and requesting approvals, we recommend thinking through your budgeting process.  Here are a few best practices to consider before rolling up your sleeves.

  1. Add Users to the Jet Hub

    Any user of Jet Reports at your organization can also use Jet Budgets.  Now would be a good time to review your list of Jet users (designers & viewers) and ensure that the individuals who will participate in the budget process have a valid Jet Reports license.  If you need to add or update users, you may do so through the Jet License Portal or by contacting Jet Global.

  2. Get Familiar with Budgeting Roles

    Users of Jet Budgets may fall into one or all of the following roles:

    • Owners can create, edit, enter data and approve budgets.
    • Contributors can be assigned work items by Owners and enter data for the budget.
    • Approvers can review, approve and reject budgets or modify work items.
    These roles are not mutually exclusive – Budget Owners can also be Contributors or Approvers.  However, there may only be one Owner per budget.
  3. Identify Desired Dimensions/Segments

    When you create a new budget, you will be asked to select the dimensions (for NAV or Business Central) or segments (for GP) you want to include in your budget structure.  It’s important to know that after you create a budget, you cannot add dimensions or segments.  So it is better to add one that you don’t end up needing than not add it if you are unsure.

  4. Map Out Your Budget Structure

    Think about and mock up what you want your budget to look like.  How many budgets need to be created?  Who are the owners of each budget?  What sections and subsections are needed?  How do you want to roll up or categorize your budget items?

Giving some thought to these items before creating a new budget will help ensure you are set up for success.


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