Budgeting
Easy and accurate generation of Budget Analysis from Sage 50 data.
Monitor your performance to plan for the future.
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Monthly Actuals versus Budget with variances and financial year comparison
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Year-to-date Actuals versus Budget with variances and financial year comparison
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Year-to-date reporting with remaining Budget
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Nominal Category level reporting
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Create, copy and edit multiple budgets
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Budget by department
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Group departments into divisions
Why is Budgeting important?
Budgeting allows you to plan your revenue and expenses over a specified time for the
future. It is important for long term planning and control of resources for your company
and effective allocation of resources to your departments, in line with the goals of
your company.
What does ProudNumbers offer?
ProudNumbers offers top-down budgeting. This allows managers to allocate budgets to
individual departments and to monitor how these departments meet the objectives of the
company.
ProudNumbers offers two main budgeting tools:
- Budget versus actual reporting
- Year-to-date reporting.
Budget versus actual reporting allows you to compare
your company’s budget
with actual results on a monthly and year-to-date basis, allowing you to monitor how
your business is progressing toward its goals. Reporting can highlight when you miss
your revenue targets or when costs come in higher than anticipated.
Reporting conducted on nominal categories (as opposed to nominal
codes)
with flexible Charts of Accounts, allows for easy budgeting with straightforward
comparisons between budgets and actuals.
Year-to-date reports with your remaining budget
enables you to have a more
realistic idea of your budget for the fiscal year. Budgets can be revised based on the
actual data for the months closed to date and budgeted data for the months
remaining.