Report / Budgeting

Report / Budgeting

Budgeting


Info
Location
Budget
Info
Action
> Budget Group 
This enables you to give a name to your budget. You may have as many Budget Groups as you like.
E.g. Sales 2012 Budget, Expense 2012 Budget, etc.
> Budget Registration
This enables you to give a name to your budget. You may have as many Budget Groups as you like.
E.g. Sales 2012 Budget, Expense 2012 Budget, etc.
> Budget Report
You will be able to compare your actual results with budgets set at the registration 

Creating a Budget Group


Info
Location
Report > Budgeting > Budget Group
Info
Action
> Click REPORT activity
> Click BUDGETING
> Click BUDGET GROUP
module
> Click NEW
CODE enter Sales2013
DESCRIPTION enter Sales Budget 2013
Enter a unique code and enter a meaningful name.
> Click ADD
> Close the module

Creating a Budget Registration


Info
Location
Report > Budgeting > Budget Registration
Info
Action
> Click REPORT activity
> Click BUDGETING
> Click BUDGET REGISTRATION module
> Click NEW
> CODE select Sales2013
> PERIOD select January 2013
Select 12 for a 1 year period. In another words, you can setup quarter or budget for any period.
> MONTH select 12
> JOB leave Empty
Unless you are planning a Budget for a specific Job , you leave it empty for the entire company budget
> Click ACCOUNT selection
You may begin entering or adding accounts one by one for the budget planning here.

Info
Action
> CATEGORY select Revenue
Alternatively, you may use Category to add entering of Chart of Accounts.

Info
Action
To delete a row,
> Click on the column (refer to pic red box)
> Press DELETE on your keyboard

Info
Action
> Click 1st Month
> Enter 50000
Do you want to apply amount to the month
> Click YES

Info
Action
> Click ADD
> Close Module

Printing a Budget Report


Info
Location
Report > Budgeting > Budget Registration
Info
Action
> Click REPORT activity
> Click BUDGETING
> Click BUDGET REPORT module
> FROM select Jan 2013
> TO select Dec 2013
To Type, you may compare your budgeted with actual figures by Monthly, Bi-Monthly, Quarterly, Half-Yearly or Yearly
> BUDGET GROUP select Sales Budget 2013
> TYPE select Monthly
> Click REFRESH
> Click PRINT
> Close Module

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