Departmental Budgets

Create and report both Client (Billings and Revenue) Budgets, and Expense Budgets by Department

If you wish to Budget Client Billings and revenue by department – some setup work is required:

• Assign a Department to Task Types so that the system knows when creating Client Budgets from the revenue Tracker (e.g. Estimate Data) which Department the Billings and revenue should be budgeted against
• Go to Accounting / Budgets / Budget Setup – Check The Box ‘ Budget Billings & Revenue By Department’

All data entry pages and excel templates for client and expense budget data now allow assignment of ‘Department’ to budget data.

So for example if you wanted to budget salaries by department, just create a separate line for each department, each line can be assigned to the same salaries GL account – you don’t need to have separate expense GL accounts for each department.