Edit Budget Allocations

The allocation of funds from a budget line item to relevant tasks can be easily redistributed as needed:

• Revert Allocations: Funds previously allotted to a task can be reverted back to the original budget line item.
• Automatic Budget Update: Once reverted, the amount is added back to the available balance of the budget line item, instantly updating the total.
• Flexible Reallocation: The restored funds can then be reassigned to the same task or redistributed to other tasks, ensuring flexibility to adapt to changing project requirements.

To reallocate funds

• Ensure you are in the Budget-Schedule Allocation screen of the project. If on a different screen:
  • Click the app launcher  , then select 'Finance'
  • Click 'Budget' on top, then select 'Budget-Schedule' from the left
  • Open the 'Link Budget-Schedule' tab
• Select the budget line item to view and distribute its funds

The lower pane shows the tasks with their share of fund allotments and the task to which the remaining amount from the budget item can be distributed.

• Click 'Delink' in the row of the schedule item from which you want to revert the funds to the budget line item
• Repeat the process to revert funds from multiple schedule items
• Reallocate the funds from the schedule items as required.  See the page Allot Budget to Scheduled Work Items if you need help with this.