Start from: The Analytics dashboard.
Financial Budgets
The Budget sub-module within Financial Statements enables detailed financial control, allowing you to break down budgets by specific work centers and compare them with actual performance data.
Key benefits of this module
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Detailed Financial Control: Provides a clear view of annual and monthly budgets, helping with strategic planning and resource optimization.
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Analysis by Work Center: Enables customized budget analysis for each business unit, ensuring decisions are tailored to specific operational needs.
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Identification of Deviations: By comparing budgeted versus actual results, managers can quickly detect anomalies and take corrective action when necessary.
Analyze Financial Budgets
Set up the grid
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Navigate to Financial Statements > Budgets.
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Select the Budget you want to see.
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Choose the Year for analysis (e.g., 2025).
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Define the Financial statement to view.
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Select the View
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Financial Statement for a Business Unit
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Account by Business Unit
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Press Accept.
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Next, specify the Business Unit to analyze from the dropdown menu.
View the grid
Once the parameters are set, the system presents a structured financial grid with:
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First Column: Financial Categories
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Includes Net Sales, Raw Materials Consumption, Personnel Costs, and more.
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Some categories are collapsible, revealing subcategories (e.g., Food Purchases, Wages, Temporary Employment).
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Second Column: Annual Totals
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Displays total budgeted values for the entire year.
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Third+ Columns: Monthly Breakdown (January - December)
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Provides a month-by-month breakdown of budgeted values.
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Helps track financial performance trends over time.
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Grid actions
In the Financial Statements Budgets grid, users can perform various actions to refine their analysis:
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Modify Parameters:
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Click on the Budget Name to reset initial parameters.
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Select a different Business Unit from the Unit dropdown.
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Filter by specific Groups for a more granular analysis.
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Switch Between Data Modes:
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View either actual data or hypothetical projections.
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In Hypothesis mode, users can add and edit values to test different financial scenarios.
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Additional Options (Top Menu):
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Download XLS templatesto import budgets.
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Import Budgets from external sources.
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Export Budgets for external reporting.
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View Global Projections for high-level financial forecasting.
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