Add, Edit and Use Budget Statuses

In the InLoox settings, the following financial plan statuses are set by default:

• Rejected
• Approved
• Open

By default, Open and Approved budgets are specified as value relevant.

Budgets with the status Rejected are specified as value neutral.

This means that only open and approved budgets are used to calculate project financials and are listed as line items in, for example, the budget report or the expenditures/revenues dashboard view.

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These financial plan statuses are also used for the statuses of the financial plans in InLoox!

Add a financial plan status

1. In InLoox, click on your profile picture in the upper-right corner.
2. Click on Account Settings.
3. Click on Organization.
4. Under the General tab, click New on the right under Financial Plan Status to add a new status.
5. In the Add Financial Plan Status window, enter the new name in the field.
6. Click Save.

You can optionally check the box to define this status as value neutral. This means that this status will not be used to calculate project budgets.

Define budget status as value neutral

1. In InLoox, click on your profile picture in the upper-right corner.
2. Click on Account Settings.
3. Click on Organization.
4. Under the General tab, set a checkmark for the financial plan status on the right under Financial Plan Status to define this status as value neutral. This status will not be used for calculating project financials.

Edit a financial plan status

1. In InLoox, click on your profile picture in the upper-right corner.
2. Click on Account Settings.
3. Click on Organization.
4. Under the General tab, click in the name field of a status under Financial Plan Status and enter the new name.

Delete a financial plan status

1. In InLoox, click on your profile picture in the upper-right corner.
2. Click on Account Settings.
3. Click on Organization.
4. Under the General tab, click the red trash icon on the right under Financial Plan Status.
5. Confirm the deletion by clicking Yes.