By default, whenever you create a new project, a Budget document is automatically created for that project. The Budget document gives you access to the BFA (Budget/Forecast/Analysis) workbook for your project. There are three ways to enter your budget into that BFA workbook.
- Open your BFA workbook by clicking at the Budget document. The BFA Data sheet organizes data by Cost Codes and Account Categories.
- Decide which method you want to use to enter your data. You can use more than one method for the same Initial Budget.
Manually Add Rows
You can enter the Cost Code, Account Category and Original EAC (Budget) amount for some or all of your budget line items through the Add Rows option.
Use the Import Wizard
If you already have your budget in a source document/worksheet, you can use the Import Wizard to create your budget. Note: you will need to set up consolidation sheets first in order to properly map your data from your source into BFA.
Copy Your Budget
If you already have a budget in another Spitfire project that is similar to the one you want now, you can Copy the Existing budget (and then edit it as needed).
For detailed instructions on these three methods, see the Focus on Budgets and Period Distribution guide.
A Note about Billing Codes
Regardless of your input method, you can choose to include Billing Codes in your budget. Billing codes provide a link between Cost Code lines in the budget and lines in the Schedule of Values. See the Focus on Schedule of Values (SOV) Billing guide for more information.
A Note about Production Units
You can choose to include Production Units in Budgets. If you use Units, you’ll be able to track those units through the Production Units Doc type. See the technical white paper Working with Production Units for more information.