What is a Budget

Within the Metrix Asset Management system, a Budget is a means of grouping together one or more different budget buckets - which are used to track the budgeted and actual values of a specific asset or group of assets. Budgets act as an entry point for users to view and manage their budget buckets in a controlled and structured way.

Create a Budget

In order to create a budget, simply navigate to the ‘Capital’ section of the application and, from the top-right corner, click on the ‘Create New Budget’ button. Follow the steps below to create a budget:

1. Enter a name for the budget.
2. Click ‘Save’ to save the new budget.

The new budget will now appear in the list of budgets. You can commence adding budget buckets to this budget.

Edit a Budget

In order to edit an existing budget, simply navigate to the ‘Capital’ section of the application and locate the budget in the list of budgets shown. Once found, complete the following:

1. Select the budget you wish to rename.
2. Click the ‘Edit’ button to the right-hand side of the budget name.
3. A dialog will appear with the budget name.
4. Enter a new name, and click ‘Save’.

Delete a Budget

In order to delete a budget, simply navigate to the ‘Capital’ section of the application and locate the budget in the list of budgets shown. Once found, complete the following:

1. Select the budget you wish to delete.
2. In the ‘Bucket’ panel, to the right of the budget list, find the ‘Actions’ menu (denoted with three dots).
3. Choose ‘Delete Entire Budget’ from the menu.
4. A confirmation dialog will appear, asking you to confirm the deletion of the budget. Click ‘Delete’ to proceed with the deletion.

The budget will be removed from the list of budgets and will no longer be available in the system.