Once a budget has been set, it cannot be deleted. If the budget has been incorrectly set, it can be reduced by entering in an offset negative figure. To reduce the budget follow the process of adding a new budget amount. In this example the budget will be reduced from $1000 to $500. Select Vendor | Add Vendor Budget Approval
Enter the Approved Budget amount as -500.00
The Approved Budget has been reset to $500.00
