FrontAccounting forum — Budget Entry how it work?

Re: Budget Entry how it work?

2011-10-30T07:09:12Z

The minimum range is 1 day in the selections. Maybe you can get closer in one of the Inventory Reports.

/Joe

Re: Budget Entry how it work?

2011-10-29T22:01:02Z

Thank's Joe for your explanation.
One more question, maybe not about this theme.
Is it possible to see singly profit for example for 1 invoice or location if there are more sell places?

Re: Budget Entry how it work?

2011-10-26T06:54:46Z

In the Budget Entry you enter your wishes (goals) about income and expenses for the accounts you normal use.
When you make a Profit and Loss report you can then compare the real period amounts against the budget and see how close you are to your budget.
Example:
Account Entered values october budget october
-------------------------------------- ----------------
4010 Sales -400 -1000
5010 Cogs 200 400
The compare column in the Profit and Loss Statement will also show the achieved % (in this case 40% for Sales and 50% for Cogs (Cost of goods sold).

/Joe

Re: Budget Entry how it work?

2011-10-25T16:35:20Z

Could you give me for example, it'll be more explanatory.

Re: Budget Entry how it work?

2011-10-24T21:58:10Z

You need this if you want to compare/follow up your Profit and Loss Statement. You can select the Budget column to compare your real result.

/Joe

Budget Entry how it work?

2011-10-24T16:41:40Z

Can anyboby explane for what need Budget Entry?