Learn below how to use portfolio budgets for your financial planning.
If you are just getting started with Meisterplan, you will find all you need in the Portfolios in Meisterplan - Overview article.
Required User Rights
In order to see and edit a portfolio's budget, you need the following user rights:
- In the General section of your user group, you need to have the Access Financial Data right to access this function.
- In the Manage > Administrative Rights section of your user group, you need to have the right According to Configured Portfolio Rights and the access rights to each specific portfolio.
- In the Manage > Administrative Rights section of your user group, you need to have the right All Portfolios
How to Configure
You can configure cost budgets and benefit targets for each portfolio. This lets you keep an eye on a portfolio's projects to make sure they remain within the portfolio's cost budget and generate the planned financial benefit.
Costs are separately set for OpEx (Operational Expenditure) and CapEx (Capital Expenditure).
You can set budgets per year, quarter or month. Click in a cell in the table to edit it. Only whole numbers will be displayed.
How to Evaluate
In the Portfolio Designer
In the Portfolio Designer, open the financial section to evaluate the cost and benefit of the planned projects compared to the budget:
Find more details on the financial section in the Financial Section Basics article.
In Integrated Pivot Reports
In integrated pivot reports of the type Financials, you can find the fields Portfolio Budget Planned Costs, Portfolio Budget Planned Benefit and Portfolio Budget Net Value, which you can use to create targeted reports to evaluate your portfolio:
Learn more about integrated pivot reports in the article Integrated Pivot Reports - Overview and Templates.
In External Reports
You can use the portfolioBudget endpoint in the Reporting API to create external reports. Learn more about the Reporting API and connecting third party tools for the purpose of creating reports in the Reporting API & External BI Tools section of the Help Center.