Back to glossary
Spend

Original and revised budget

Original is the budget as first published; Revised is the budget after approved changes.

The Original budget is the amount approved and published at the start of the year. The Revised budget starts equal to it and moves only when a budget revision or transfer is approved. Keeping both shows how far the plan has moved, and why. In Vintage People Original is locked the moment a line is published and never changes, and every change to Revised is kept in the revisions log.

Related terms

Help & how-to

See it in practice

See it applied to real payroll

Vintage People applies these statutory rules on every run, with a full audit trail.