There are two (2) ways to create a new budget version: both options follow the same steps to add a budget.
o Left Navigation button: click to open the Budget Versions screen for the stable, full screen view.
o Toolbar > Budget Versions link: click to open a Budget Versions window in front of any other proposal screen. The user can navigate to a budget version in fewer steps by using the toolbar option.
1. Click the +Add Budget button to open the Create Budget Version window.
2. Enter a name in the Budget Name field to aid distinguishing this budget version from any others you may create.
3. Click a radio button to determine if the navigation* should start for a detailed budget or a summary budget
a. Detailed Budgets open at the Personnel screen so you can begin with maintaining and then adding those line items. Select this option if you will enter the Period 1 line item details for personnel and non-personnel and use the budget engine to apply the auto-calculations for rates, inflation, and budget period generation. These detailed entries will automatically update the Budget Summary screen.
b. Summary Budgets open at the Details & Dates screen so you can enter the funding values. Select this option if you will only enter the lump sums (Direct, Indirect, Cost Sharing, and Under-Recovered F&A) in the Budget Summary screen.
* The choice of summary vs. detailed impacts which screen is presented first, and the “save & continue” guided logic path through the budget process.
4. Click a yes or no radio button to answer if this budget will include navigation to the modular budget*.
a. Yes: the budget navigation logic will include this screen as you click Save & Continue option.
b. No: the budget navigation logic will not include this screen as you Save & Continue. The modular budget screen remains available, if needed. The user can manually navigate to the screen by clicking on the left navigation button.
*The selection does not prohibit the use of the modular budget functionality; all budget screens can be accessed by manually by the left navigation buttons. The choice impacts the “save & continue” guided logic path to (yes/include) vs. (no/skip) the modular budget screen in the guided navigation.