Creating a New Budget Version
From the Budget (Post-Award > Financial > Budget), click the + icon next to the Active Budget Version
Add a name and description. DED recommends that recipients leave the default suggested budget name to maintain sequential budget versions and reduce confusion between versions.
Seeing the differences between budget versions
When making changes to your Draft budget version, you can enter a comparison mode by clicking the "Compare to Active" button.
Errors
When you decide to submit your edited budget version for review, and errors that need to be addressed before submission will appear as messages in the lower left-hand corner of the screen.
After submission, DED staff will review and either 1. Approve / Activate the proposed budget version or 2. Send back with a message for edits.
Switching between budget versions
After multiple versions exist in the budget area, you can switch between them, compare to the active budget, and submit for approval using the dropdown menu where the budget version name is displayed.
Active: The current budget version on the award
Drafts: Budget versions eligible for review/activation.
Archived: Previously active budgets.
New draft budget versions can be created from any status above. If you'd like to revert back to a previous budget, create a draft using the archived budget version you'd like to revert to.