Budget revision
An approved increase to a budget line, which raises Revised but never Original.
A budget revision adds money to a budget line during the year, with an amount, a reason and an effective date. In Vintage People the head of the line's department or Finance raises it, and out of the box it goes to the head of department, then Finance, then a CEO step that cannot be delegated. On approval Revised rises in the months your settings pick. Original never changes.
Related terms
See it in practice
Set up budgets and spending requests
Upload the year, publish it, and choose what happens when a request is over the balance.
Ask for more budget, or move it
How revisions and transfers go through approval and change Revised, never Original.
Reconcile spend at month-end
Download approved spend by GL code, department and location, or as a Zoho Books journal.
See it applied to real payroll
Vintage People applies these statutory rules on every run, with a full audit trail.