Before you begin:
To create a budget:
The name of the budget
The total amount of the budget and the currency. By default use the currency of the pricing model of the main enterprise. If an enterprise in the hierarchy has a different currency and a conversion_factor enterprise property, perform a conversion.
Enter the date to activate the budget.
If the start date is in the past, the platform will use the past bills stored in the platform (as displayed on the billing dashboard). If the start date does not align with the billing period of the past bills, the platform will not include the time until the start of the billing period.
For example, when a provider bills on the 15th day of the month, if you create an annual yearly budget starting from the 1st day of January, the first 14 days of the year will not be included.
If the start date is in the future, the platform will update the budget when it registers new billing details for the billing dashboard
|End date||Optionally enter an end date|
Select an option to reset the budget after each month, quarter, year, or never.
The reset cycle begins at the budget start date. So a budget starting on the 15th day of the month would be reset on the 15th day of the next month
Apply the budget to this enterprise. If the user has the privilege to View enterprise hierarchy, then the user can also select enterprises from the scopes beneath their scope in the hierarchy.
Select the providers. Note that you can select all providers or a specific provider for each enterprise.
Enter the percentage of budget consumption that will trigger the action plan
Select an action plan to run when the consumption reaches the trigger level. This functionality is designed to make use of the email notifications from action plans but you can select any action plan.
This feature uses the conversion_factor enterprise property to convert between currencies. You should assign this property to any customer of a reseller that is using a different currency, to enable the conversion to be carried out. If the platform cannot find the conversion factor property, it will use the default value of 1. The platform always uses the latest value of the conversion factor, and it does not store previous values. If you change the conversion factor and update past bills, then the platform will use the latest value to calculate the consumption.