Assigning Finance Categories

Before you can generate transactions, you will need to ensure that any Components without a Finance Category are nominated with a valid Finance Category. Note; this will be any Components that have yet to receive a Capital Transaction in the past.

To assign Finance Categories to Components, perform the following steps:

1. Navigate to the relevant Budget Bucket and enter the ‘Capitalisation’ tab.
2. If any Budget Bucket Items exist without a Finance Category, an entry in the Capitalisation Issues error block will appear. You will also see an option to ‘Set Finance Categories’ at the top of the section.
3. Click on the ‘Set Finance Categories’ button to open a dialog window.
4. A dialog window will appear with a list of all Budget Bucket Items that do not have a Finance Category assigned. You can select the Finance Category for each Budget Bucket Item from the dropdown list. Alternatively, you can select one (1) Finance Category to apply to all Budget Bucket Items.
5. Once you have selected the Finance Categories, click ‘Save’ to apply the changes.
6. The dialog window will close, and the Capitalisation Issues error block will refresh to show that the Finance Categories have been successfully assigned.