A budget structure consists of budget codes and corresponding descriptions.
In the DC1 system you can store up to 999 different budget structures per year in the budget files, if you wish. You can distribute the budget (both actual or statistical values) across the accounting periods. The budget numbers will enable you to apply different distribution curves to different categories of budgets. Each budget can be entered manually or you can use the global budget copy routines to generate new budgets (from an existing budget or from balances). Either method will allow you to apply a “budget uplift” percentage, if required.
DC1 Financials is designed to enable you to compare any of your budgets with your actual results at any level. DC1 Analyser along with the balance enquiries and DC1 Report Writer provide you with practical and comprehensive tools for analysing the information and making budget comparisons.
You are able to add or change entries. However, you can only delete entries that you have not described in the Budget file.
There are two main tasks that must be completed to set up the budget structure. They are:
- You must define entries in Work with budget numbers.
- You must define entries in Work with budget curves.
Enquiries and printouts
- Balance/budget enquiry
- Print budgets