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This video tutorial outlines the Dynamics 365 Finance and Operations budget planning process, focusing on a top-down budgeting approach. It begins with a high-level review of necessary configurations, including various scenarios to be utilized, such as actuals and budgeting scenarios. The tutorial emphasizes the use of a workspace to navigate to budget plan configuration, specifically highlighting the importance of the scenarios feature. The example presented includes actual data from January and February 2018, followed by budgeted data for the remainder of the year, illustrating the forecast planning process.