<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tp/onlinemanual/000062" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">To use budgets in a project</Title>
		<Keyword><Level1>Overview</Level1>
			<Level2>budgets</Level2>
		</Keyword>
	</Header>
	<GeneralSection><Paragraph>You can use the <GUIRef href="/baanerp/tp/ptc" role="module">Project Technical Calculation</GUIRef> of <GUIRef href="/baanerp/tp" role="package">Project</GUIRef> to draw up, analyze and amend a project budget that can be based on <Link href="/baanerp/tp/glossary/glossary#Element.tp" role="glossary">elements</Link> or <Link href="/baanerp/tp/glossary/glossary#000005" role="glossary">activities</Link>.</Paragraph>
		<Paragraph>If you finalized the project budget, use the PTC module to derive a second budget, called a control budget. You can apply late changes to a finalized budget by means of <Link href="/baanerp/tp/glossary/glossary#Adjustment.tp" role="glossary">adjustments</Link> and/or <Link href="/baanerp/tp/glossary/glossary#000017" role="glossary">extensions</Link>.</Paragraph>
		<List><ListIntro>Element-based budgets If you want to create a budget based on elements, PTC enables you to:</ListIntro>
			<ListItem>Create elements to represent the main parts of your project.</ListItem>
			<ListItem>Position the elements in a hierarchical structure.</ListItem>
			<ListItem>Enter <Link href="/baanerp/tp/glossary/glossary#000100" role="glossary">budget lines</Link> of <Link href="/baanerp/tp/glossary/glossary#000003" role="glossary">cost objects</Link> against the elements. For example, hours worked on a ship haul is a labor line.</ListItem>
		</List>
		<List><ListIntro>Activity budgets If you want to create a budget based on activities, PTC enables you to:</ListIntro>
			<ListItem>Create budget versions to keep track of changes in your top down budget.</ListItem>
			<ListItem>Distribute amounts to activities that are created in the <GUIRef href="/baanerp/tp/pss" role="module">Project Scheduling System</GUIRef>.</ListItem>
			<ListItem>Assign the earned-value-method-related data, in order to manage which of the budget amounts can be released.</ListItem>
			<ListItem>Generate the budgeted cost work scheduled (BCWS) amounts.</ListItem>
		</List>
		<Paragraph>Purchase budgets You can create one or more purchase budgets to procure cost objects with long delivery times, thereby bypassing the step-by-step process of project budgeting and execution.</Paragraph>
		<List><ListIntro>Control budget When you finalized the project budget, you can create a control budget for use in:</ListIntro>
			<ListItem>Generating planned orders in the PRP module.</ListItem>
			<ListItem>Recording progress with the PPC module.</ListItem>
			<ListItem>Recording actual costs in the PPC module.</ListItem>
			<ListItem>Generating invoices for customers in the PIN module.</ListItem>
		</List>
		<Paragraph>After choosing a budget, the logical next step is to work on: <Link href="/baanerp/tp/onlinemanual/000319" role="manual">To use costs</Link>
		</Paragraph>
	</GeneralSection>
	<RelatedTopics><SectionTitle>Related topics</SectionTitle>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000067" role="manual">To use element-based budget lines</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000320" role="manual">To use a top down budget</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000318" role="manual">To use a bottom up budget</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000068" role="manual">To use a time-phased budget</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000025" role="manual">To use baselines in Project</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000075" role="manual">To use purchase budgets</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000077" role="manual">To use a control budget</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000203" role="manual">How to use budget hours</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000074" role="manual">To generate budgeted costs work scheduled</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000156" role="manual">To use cost- and purchase prices for non-labor cost objects</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000157" role="manual">To use sales prices for non-labor cost objects</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000076" role="manual">To use budget cost analysis</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tp/onlinemanual/000092" role="manual">To use extensions</Link>
		</RelTopic>
	</RelatedTopics>
</ManualTopic>
