Tag groups are essentially the structure of how you are going to build and view your Event Budget. Think of the Tag Groups as being your schema or overall categories that you want to organize the budget by. Some popular Tag Groups are: Location at Event, Categories, Department, and Week Day. These are just some common examples and you are not limited to these Groups.
Within each of these Tag Groups you will add Tags which will complete the structure of your Budget. When you are adding budget items you will apply these tags to organize your budget items. Using the Tag Group Location at Event as an example some possible Tags could be: Main Ballroom, Ballroom C, Exhibit Hall 1, Exhibit Hall 2, Concert Venue, and etc.
Note: Only users placed in the Event Management functional area have permissions to Manage Tag Groups and Tags. Event Managers have full read/write permissions on all data in the budget module for the selected event. Users in the standard functional areas will be limited to only seeing the budget items they have personally created.