How to make budget and spending updates for Innovation Opportunities
Change an Innovation Opportunity's budget from its Edit page and correct existing spending entries from the Spending History list.
You can change an opportunity's budget at any time and correct spending entries you have already recorded.
Before you start
- You need a Pro license to edit an opportunity.
- The opportunity must be in a portfolio other than Unassigned. See How to change the portfolio of an Innovation Opportunity.
- The opportunity's budget cannot exceed its portfolio's budget. If the portfolio budget is $0.00, set it first. See How to allocate the Next Fund (innovation budget).
Update the budget
- Open the opportunity. In the Leader sidebar, click Innovation Opportunities and click its name.
- Click the three-dots menu at the top right and choose Edit.
- In the Budget field, enter the new amount. The label shows the maximum allowed by the portfolio.
- Click Save.
The Budget card on the opportunity page now shows the new Allocated and Available amounts.
Update a spending entry
- On the opportunity page, click Spending History to expand the list.
- Click Edit next to the entry you want to change.
- Change the Spending, Spending date or Description.
- Click Edit to save. You see "Opportunity was successfully updated."
The spent total, the chart and the portfolio totals are recalculated.
Tips
- Spending entries can't be deleted today. To cancel an entry, edit its amount to 0.
- Each opportunity can have only one entry per date. If you pick a date that is already used, you see "Opportunity was not updated. Please try again."
If you need help with this, contact SolveNext support.
