Manage MDF Budget Group Types

Overview

Marketing Development Funds (MDF) allow partners to request funds that will be used to support their future marketing activities. The funds are drawn from budgets that your organization has previously authorized. The MDF module allows you to track the amounts available and the amounts spent.

MDF is designed as a hierarchical system that supports different levels of approval.

Adding a Budget Group Type allows you to segment data for each Budget Group. Follow the steps below to create a new Budget Group Type that you can subsequently apply to Budget Groups. 

Before You Begin

Log into PRM Admin with fundTask Level 3 rights.

 

How to Create Budget Group Types

1. Navigate to Marketing > Setup.
2. Click Budget Group Types.
3. Provide a user-friendly name for the new Budget Group Type in the Description field.
4. Click Add Record.

Related Topics

• About Marketing Development Funds
• Create Budget Groups
• Appoint Fund Approvers
• Manage Budgets
• Manage Approval Levels
• Setup a Campaign
• Create a Fund Account
• Allocate Funds to Budget Groups
• Budget Allocation
• Budget Group Allocation