GENERAL LEDGER - Budgets / Forecasts

Setup and manage your Budgets / Forecasts and understand the display

• Setup - click   Update

• • choose Account Type(s) you wish to build a Budget for
  • choose the Base you are building the Budget on:
    • Previous year actual
    • Previous year budget
    • Same year actual
  • set the Year for which you are building this Budget - This Year / Next Year
  • establish a Nominal growth rate % or leave blank for no change from Base selected
  • select number of decimals to Round to
  • click OK
• View
  • select from tabs Budget / Forecast / Actual (in this example, all are displaying)
  • select which Year you wish to display (in this example, This Year is displaying)

• Indicators
  • green - Actual is on Budget
  • red - Actual is above Budget
  • yellow - Actual is below Budget
• Chart - on the selected GL Account for and instant status

•   Export the display to Excel using .xlsx or .csv formats
  • • choose the location File Name, and Save as type
    • Save
    • option to Open File right away
    • from excel, make any changes or build any desired formulas