Budgets for Year to Date Reporting

1

Introducing a budget facility is a good start, but the current arrangement is no use for monthly Management Reporting where year to date figures are required. It is necessary that 12 monthly amounts can be entered for each account in one operation at the beginning of the year. Which effectively creates a 12 month Budget General Ledger running parallel with the current actual GL. When a P&L report is created it will allow a column of budget figures equating to the dates of the P&L report, eg either for the month or year to date.