Financial budgets are an important business tool to help you control your business and guide you toward your goals. Financial budgets help you define your financial expectations for future periods and provide a guidepost against which you can analyze your actual financial performance.
Ideally you will want to keep your budgets in your ERP system to facilitate reporting and securely maintain your budget information.
Excel is a very popular tool used for creating and updating budgets. Dynamics GP allows you to easily import and export budget data from and to Excel.
This video shows you how to easily create new budgets and update existing budgets in Dynamics GP. Make sure to create a simple Management Reporter report to validate that all your budget information was imported properly to GP: http://youtu.be/3pkDDBrOIqw