General Ledger

The Budget and Forecast form provides the control mechanism in measuring company financial performance. This form can list all the anticipated revenue against the predicted costs and expenses for a specified account over a specified date period. i.e. one month, one year or even the capital budget for five years.

Sample Budget/Forecast Header Form

Entry Instructions Budgets/Forecasts Header Form

• Key in or select the Account Code <tab> (Alt-F or right mouse click to Find and Maintain a record).
• Key in the Revision number <tab>.
• Select either Budget or Forecast <tab> (use space bar or left mouse click to select/deselect the flag).
• Select the Period from the default pick list <tab> (use right mouse click to Find and Maintain a record).

---

Budget Allocation
• Key in the Budget amount to allocate <tab>.
• Select the amount to be either a Dr (Debit) or Cr (Credit) <tab> (use space bar or left mouse click to select/deselect the flag).
  A breakdown of period numbers and dates will automatically appear in the line details. This will depend on the Period selected eg. monthly for the financial year will list 12 periods.
• Key in the Start Period number <tab>.
• Key in the End Period number <tab>.
• Option to select Use Weighting <tab> (use space bar or left mouse click to select/deselect the flag).
• Select either Annualise or Amoritize to generate the predicted budget/forecast.

Sample Budgets/Forecasts Footer Form

Entry Instructions Budgets/Forecasts Footer Form

• The Period # defaults from the Accounting Period.
  Accounting Periods are maintained in the Setup folder of the General Ledger.

Completion Instructions Budgets/Forecasts Form

• Select OK or <Enter> to save changes to the Budgets/Forecasts form.
• Select Cancel to reset the Budgets/Forecasts form to original settings.
• Select Delete to delete the current Budgets/Forecasts record.

Print This Page