Project budgeting - Consumed budget AX 2012

I created and approved project budget. Check box “Use budget contol” in Project details is active, transaction types controlled “Revenues and costs”.

I posted Hours and Expenses journals, both times system said what i override budget but when i look on “Project budget balances” fields “Consumed budget” are still zero. What i should check?

Hello,

You need to confirm few things here:

Have you posted Hours/Expense journals without any error? I see that you specified override budget message appeared but was it a warning or error message. (Depends on your Budget overrun default parameter)

Did you post the transactions with non-zero Cost/Sales prices? Otherwise it would be zero only. Attach a screenshot for better understanding.

http://sandeepchaudhury.wordpress.com/2011/07/29/hands-on-ax-2012-all-about-budgeting-functionality-for-projects-in-microsoft-dynamics-ax-2012/ might help you understand project budgeting functionality.