How to Create Detailed Financial Plans › How to Set Up Detailed Financial Planning

How to Set Up Detailed Financial Planning

Detailed financial planning allows you to estimate funding for your investments using cost plans. You can get approval for such funding using budget plans. As part of the approval process, you can associate your cost plans with benefit plans to estimate the benefit from your investments.

To build financial plans, the following must be set up:

• An entity must exist and fiscal time periods must be defined for the entity.
• A financially enabled investment must exist.
• Users must have access rights to work with financial planning.