Budget Drawdown

[Joan Kelley]

We have a use case to begin tracking budget drawdown and considering doing this in Clarity.  Is there an out of the box module that handles this functionality?  Or has your organization used Clarity to track budget draw down for an Initiative or Value Stream?

[Liz Williamson]

Hello Joan,

There are financials in Clarity where you can track budget and then drawdown the amounts using the transactions portion.

You can have cost plans and then approved budgets.  To draw down the amounts you would need to post financial transactions. 

Here's a link to the documentation on managing financials for projects.  Other types of investments also use this same functionality.

Manage Financial Plans Using the New Financials Module

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Liz Williamson
Principal Support Engineer - Clarity
Broadcom
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