Transferring Budget or Adjusting Budgets and Sub-Budgets in Mastt can only be performed from the Budget Adjustments page and performed following the steps below.
👨🏫 How to Transfer or Adjust Budgets
Step 1: From the 'Hamburger Menu', go to the Cost Module and navigate to Budgets.
Step 2: Once clicking Budgets, this will open a popover menu with 'Budgets' and 'Budget Adjustments' selection. Click 'Budget Adjustments' to go to the Budgets Adjustments Register.
Step 3: From the tool bar, click '+ Add Adjustment' to open the form.
Step 4: The Budget Adjustment form will open and present fields for you to enter:
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Adjustment Title: e.g. 'Transfer from XX to YY'
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Transfer From: This is the budget you want to transfer funds from, with the available amount to transfer shown in brackets.
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Amount to Transfer: This is the amount you want to transfer.
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Transfer to: This is the receiving Budget that you are transferring the budget to.
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Status: You can select either 'DRAFT' or 'APPROVED' status. A DRAFT status is as the name suggests, a draft that does not appear anywhere or enact any transfer. When you're ready to enact the transfer, use APPROVED status.
Click 'Add Adjustment' when you are done.
Step 5: View the Budget Adjustment on the Overall page and the Budgets Register page.