Type of Accounting Budgets in– NAVISION, BC 365

Triknow Innovations Llc - Microsoft CRP Partner

Budget is a part of an organization which helps to keep the expenses in limit and push us to achieve the sales targets. BC 365 helps users to maintain multiple types of budgets and multiple period budgets in the following way.

General Budget

· G/L Accounts

· Period

Report Creation for GL Budget: - Analysis by dimension

Account Schedule

Sales Budget

· Customer wise

· Items wise

· Location wise

· Period wise

Report Creation for Sale Budget: - Sales Analysis by dimension

Inventory Analysis by dimensions

Purchase Budget

· Vendor wise

· Items wise

· Location wise

· Period wise

Report Creation for Purchase Budget: - Purchase Analysis by dimension

Cost Budget

· Cost Budget Per Period

· Cost Budget by cost Center

· Cost Budget by Cost Objects

· Cost Budget/Movement

· Transfer Budgets to Actual

Apart from the above, a dimension can also be used to create the budget. For example, we can create a Brand as a global dimension and the same can link to Items. Now, if we upload the brand-wise sales budget, it means we have budget-related items too.

Analysis view Budget Entries

Once the budgets have been uploaded, the same can be view in Analysis view budget entries

Account Schedules

A variance analysis report can be created through an account schedule (Actual vs Budgeted)

Contact Triknow for more information. Microsoft Partner BC 365

www.triknow.com

Triknow Innovations Llc

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