Item Group-Wise Budgeting and Purchase Blocking in ERPNext

[parasonit]

Feature Request: Item Group-Wise Budgeting and Purchase Blocking in ERPNext

Description:

Currently, ERPNext allows creating budgets against Cost Centers and Projects, with the source being the account. However, our business requires the ability to create budgets against Item Groups. We propose the following enhancements:

Item Group as a Source for Budget Calculation: Enable the creation of budgets specifically for Item Groups, similar to how budgets are created for Cost Centers and Projects.

Purchase Blocking on Budget Exceedance: Introduce functionality to block purchases when the allocated budget for an Item Group is exceeded. This will help in maintaining financial discipline and ensuring that purchases remain within the planned budget.

Use Case: For businesses that categorize expenses and purchases by Item Groups, this feature will provide better control over spending and help prevent budget overruns.

[muchai]

You could create accounting dimensions for item group, and budget against accounting dimension, and pick item group to budget for. A work around perhaps.

[parasonit]

You could create accounting dimensions for the item group, budget against the accounting dimension, and pick the item group to budget for—a work around perhaps.

We have tried this, but this workaround has some limitations.

• We can select only one Item group at a time, we require multiple Item groups to be chosen.
• Budget account is mandatory field, we cannot select a single account here.