FrontAccounting forum — Budget Entry how it work?

Re: Budget Entry how it work?

null@example.com (joe) — Sun, 30 Oct 2011 07:09:12 +0000

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?

null@example.com (lordas101) — Sat, 29 Oct 2011 22:01:02 +0000

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?

null@example.com (joe) — Wed, 26 Oct 2011 06:54:46 +0000

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?

null@example.com (lordas101) — Tue, 25 Oct 2011 16:35:20 +0000

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

Re: Budget Entry how it work?

null@example.com (joe) — Mon, 24 Oct 2011 21:58:10 +0000

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?

null@example.com (lordas101) — Mon, 24 Oct 2011 16:41:40 +0000

Can anyboby explane for what need Budget Entry?