Budgeting videos
Creating a Budget.
Import budget figures from Chart of accounts or Excel
Financial statements with Budget
Creating a Budget.
A budget can be entered in Uniconta and compared with realized figures.
Budgets are created under Finances/Budget.
To create a new budget, tap [Add Budget Model].
Name and periods are entered.
Or copy from an existing budget using the 'Copy budget and lines' button.
Here you enter the name and the number of months to be copied. The copied budget can also be changed with a general percentage.
Copy budget and lines
Note: If you want the dates corrected to new dates in a copied budget, select 12 in the "Number of months" field for an annual budget, 12 months. If you use quarterly budgets and want the dates to continue from the copied budget, 3 months, select 3 in the "Number of months" field. If you do this, the copied budget will start with the next month's dates.
The budget is now created.
Sub-budgets/pooling of Budgets
If the budget needs to be changed compared to the original budget, a sub-budget can be created that is "stapled" to the original budget.
Alternatively, multiple budgets can be "linked" to the original one via the "Include sub-models" button.
This allows each change area to be added when needed.
Enter Budget lines
To enter budget lines. Select [Budget Records].
A line is entered.
From date, To date and From account are selected. Remarks, if any, are entered. Enter amount. Select whether Amount should be repeated Automatically for a Period.
By pressing [Show simulated numbers] you can see the results of the lines.
In the Adjustments field, a possible increase per month can be entered. Here 5% per month.
Multiple lines can be added per account per selected period. For example, two lines in the same period on the same account.
Adjusting/changing Budgets
Adjustments can be made to existing Records. Adjustments only work in connection with "Recurring":
For example, if you want to create a budget per quarter with an increase of 1% per quarter.
Then set "repetition" to "quarter", and write "1" in regulation.
Then press "simulation" in the menu to see the result
Budgets can also be entered as single Records per Month by entering a Card 'To date'. If the Budgets are to be used in Dashboard or Transferred on to Excel via OData, this method must be used.
Budgets and input form can be combined.
Here is entered in two accounts in different forms:
The result of the above can be printed via the balance generator.
Printing... Financial statement with Budget
Here is a balance sheet (under Finance/Reports/Balance Sheet) that shows the budgets in column form for the first 3 months of 2018. Remember to select 'Budget' as the value in the column setups.
And here the disturbed balance is shown.
Add the Budgets to be included in the budget printout under Financial statements.
Then Add budget model under Financial statements.
And "Disrupt" the balance.
The budget column now contains the figures for the total budget.
Attach Documents / Notes
It is possible to attach documents and notes to created budgets.