[17.5.8] Added budgeting (+ going back to Application Data folder)

41

Hey Lubos,

This budget function is a great start. however, my cloud version is not calculating the percentage column. Whats the problem? Secondly, the other possible cost factors like assets are blocked out. This therefore, does not allow factoring in budget items like equipments etc… Third, will the budget icon remain hidden under settings or can it be made visible on the dashboard or as another user said, in the reports template?

42

Have you tried a sideways scroll in case ?
If not that, can you show a screenshot of just the figure columns.
Currently the Budget feature is only for P&L accounts.
The Budget icon can only be displayed under Settings.

43

I was about to post to say the same thing, no percentages on expenses.
Then I tried putting the expenses in negative values…a minus sign added…and et voila, percentages appeared.

44

I lost data too @lubos. Luckily I had backup and could restore.
This has never happened with previous upgrades. This upgrade, somehow seems to revert the database back to the version before you removed Application Data Folder.
It is dangerous and very hurtful if one does not have backup. Please fix.

45

You don’t need a backup to restore your data, just do an “Import Business” using your latest live data file and you wont have lost any transaction.

Import Business doesn’t care if you are using live or backup file - results are the same.

46

Good to know, thanks @Brucanna.
Nevertheless, I think the abnormality of this upgrade (or roll-back) should be announced so people don’t get scared thinking they have lost data. Or even better the ‘Import Business’ should be built into the upgrade script, to make it behave like a normal upgrade.

47

Great start on the budget functionality. One thing I found very nice was the ability to create multiple budgets for the same time period. Two thoughts…

  1. Would it be possible to add a ‘Budget Name’ to each budget? There is lot of available space on the budget list screen to the right of the To date?

  2. Not that it matters, but for consistency with other reports that are in part functions (e.g. bank reconciliations) any reason for the navigation being under settings rather than reports?

Thanks.

48

I am disappointed to see business files being forced back into the AppData folders. I use various business files synced across different Google Drive accounts, so I need those files to be in various cloud storage folders (i.e. some in Dropbox, some in Google Drive, etc). I had used system links in the past to work around this problem, and now it appears I will have to do it again. :confused:

49

Is it possible to make a budget per tracing code? I give all my projects a unique tracing code and would like to see “actual vs. budget” per project.

50

Not currently

51

This is my first comment on the budgeting feature
Now I understand it basic and more abilities will be added to it with time. Here is my contribution which will enhance the current abilities a little more.

  1. The current feature needs ability to Clone budgets for the next or other budget periods. This is because, creating the budget always and picking all relevant accounts is time consuming. Cloning would be helpful.
  2. Must have a field to name the budgets.
  3. Must have budget for Balance sheets accounts (Budgeted Ending Balances). In IFRS for example some incomes are entered into equity accounts in Accumulated other comprehensive income (loss) accounts plus it will help users have some control over spending.
  4. Must be able to create budgets and generate budget reports for tracking codes. Yes, generate a budget report for an activity, cost centre, division or project. Now this would be a POWERFUL TOOL.
  5. Must be moved to Reports Tab. Whole report category for budgets could be created or added to financial statements group under Reports.
    @lubos you are probably tired of my endless feature request but you can thank me later. Now what say you?
6 Likes
52

I totally agree with @Abeiku, these are very useful features.

53

4 & 5 I already like suggest it about 2 time(s) :face_with_raised_eyebrow:

Of course is a powerful tool because is a Benchmarking and a KPI report :heart_eyes:

54

I completely agree!

1 Like
55

Another request:

When adding new accounts to the list (editing a budget), it’s difficult to tell if I’ve already selected that account.

Can the list be filtered to exclude any options that are already selected?

At the moment I can accidentally add “Computer equipment” twice. Or, worse, can easily miss one or two items and forget to allocate part of my budget to them.

Overall, however, very happy with this feature.

1 Like
56

Is the Budget option available in the Cloud version please? I can’t see the option to enable it on the Customise page.

57

its not in the customise - you only use customise for adding tabs. Go to settings and you will find Budget there. Bear in mind, its still in a very basic stage - still needs a lot of work.

58

Thanks for the reply, I’m afraid I can’t see the option under Settings either (in the cloud edition), hence I thought I might need to enable it:

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59

It would appear that it has been moved now. Its now in Reports. Which is where it should have been from day one!

https://forum.manager.io/t/create-a-budget/11069

60

Great to have this basic budgeting tool. Budget is not calculating percentages in the report. Any reason for this?