Is Creating a Budget in General Ledger a useful tool or is it better to create the budgets in Excel and export the data from GL?
Is Creating a Budget in General Ledger a useful tool or is it better to create the budgets in Excel and export the data from GL?
If you're using the Financial Reporter or Sage Intelligence for reporting AND you wish to view budget vs actuals, then it is extremely useful (required) to enter your budgets into Sage 300.
*Note: Budgets can be imported from a spreadsheet
If you're using the Financial Reporter or Sage Intelligence for reporting AND you wish to view budget vs actuals, then it is extremely useful (required) to enter your budgets into Sage 300.
*Note: Budgets can be imported from a spreadsheet
What Shane said. Check the documentation out for Budgeting by starting at page 51 of the G/L User Guide. You can import budgets, or create budgets based on a rule (percentage, fixed amount, etc) + prior year Actuals, and best of all you have multiple budget sets so you can do forecasting based on different scenarios.
*Community Hub is the new name for Sage City