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Eptura Knowledge Center

Budgets and Budget Accounts Overview

Learn about Budgets and Budget Accounts to understand the hierarchy structure and understand the differences between the budget types.

In Eptura Asset, there are Budgets and Budget Accounts. The budget hierarchy works like this: Budget > Budget Accounts where:

  • Budget - All Budget Accounts are placed under the Budget folder, will be bound by the properties of the main budget.  
  • Budget Accounts - All expenses will be tracked against one or more budget accounts. Most accounts used will be associated with Operating budgets, but some accounts will be exclusively for acquiring parts through Purchase Orders. Those budget accounts will need to be created in a Purchasing budget folder.

The following budgets can be created:

  • Operating - This budget is used for most general maintenance costs and expense transactions (For example: Work Order expenses, Asset costs, etc).
  • Purchasing - This budget is designed for Purchase Orders and Inventory adjustments. This shows how much is being spent to acquire the parts and hold on to them.  
  • Revenue - This budget is used for receivable invoicing transactions (those associated with the Invoicing Module).

You can establish an unlimited number of budget accounts.


Learn how to create these in Create a Budget and Create a Budget Account. Additionally, you can edit the budget and complete the budget planning.