Understanding the Integration between Action Groups and Finance Module Budgets

The Actions Module has the ability to link action groups with budgets in the Finance Module and new budgets can automatically be created when new Action Groups are created by assigning a dollar amount in the New Action Group Modal.

When creating new Action Groups, the New Action Group Modal allows for the input of a budget amount, for budget alerts to be added, and budget approvers to be designated.

Any budget can have customized alerts that notify individuals or certification roles when the amount or percentage remaining of a budget falls below a specified threshold. The Budget Alerts feature permits the user to designate a threshold for this alert.  Selecting this option will have KAStrack send an alert to a designated user if the budget amount or percentage (selected from a drop-down list) falls below an amount set by the user. Budget Alerts can be sent to users or roles. WIKI LINK HOW TO SET A BUDGET ALERT FOR AN ACTION GROUP

Please refer to the Finance Module Book in the User Manual for a better understanding of budgets, budget items, and the budget item approval process. WIKI LINK UNDERSTANDING BUDGET AND BUDGET ITEMS