The Budget Codes Tab lists any budget codes that have been assigned to the Contract for cost apportioning. When invoices are entered directly against a contract (if the contract's type allows this) the total invoice amount is expended against the budget codes listed on this tab in accordance to the percentages defined for each code. Similarly when contract payments are posted, the payment amount is committed or expended in accordance to each budget code's percentage.
You would use this facility to spread the cost of an invoice across multiple budget codes without having to raise an individual work order for each budget code.
The fields on the Budget Codes tab are:
Budget Code - This is a budget code that you want to apportion contract costs to. You must select a budget code from the list of budget codes that have been defined in Pinnacle.
Percentage - This is the percentage of costs that you want to apply to the selected budget code. The total of the percentages for all budget codes must always equal 100 percent.