Capital Budget or Asset Budget

How to add budget for Fixed asset item as they are not in Profit & Loss root type? I have budget allocation for capital items which are part of my balance sheet and budget doesn’t allow root type balance sheet while entering budget.

Same question, how do you monitor or track budget for capital expenditures or fixed assets? Since company still allocate budget for it and it still looks like an expense for the company.

I am waiting for the solution too.

These may give you ideas, that may take some trial and error learning
to apply say to some Asset account or master Reference Document Type?

Still unable to manage the capital budget and also I have some budget which is based on project and I keep it under Reserve & Surplus which is not showing while creating budget against a project / cost center.