Modules
Budgets
Create budgets and track performance with variance analysis.
Creating a Budget
- Navigate to Budgets → New Budget
- Enter a name and date range
- Add budget lines for each account
- Enter monthly amounts for each line
Each budget line has 12 monthly columns (Jan-Dec) with amounts in cents, plus an auto-calculated total.
Budget Lines
A budget line maps a GL account to monthly spending targets:
| Field | Description |
|---|---|
| Account | Chart of accounts reference |
| Jan-Dec | Monthly budgeted amounts (cents) |
| Total | Auto-calculated annual total |
Budget vs Actual Report
The Budget vs Actual report compares budgeted amounts against actual GL balances:
| Column | Description |
|---|---|
| Account | Account name and code |
| Budgeted | Total from budget lines |
| Actual | Sum from posted journal entries |
| Variance | Budgeted - Actual |
| Variance % | (Variance / Budgeted) × 100 |
Color coding:
- Green — Under budget (< 80%)
- Amber — Near budget (80-100%)
- Red — Over budget (> 100%)