Budget
To plan for the future, to set targets and trajectory for progress and performance of a business, Budgeting is a necessity. This can be done by increasing the revenue or by decreasing the expenses.
In GNUKhata, budgets can be created to set targets for Cash Flow and Profit & Loss. We can set revenue, expense targets to custom period of time.
Creating Budget
- Click on Budget under the Administration menu.
- Select "+Add" button on the top.
- Select between Cash (Flow) and Profit & Loss.
- Enter name of the budget.
- Enter budget amounts in Budget Amount section. Inflow and outflow accounts will be listed for Cash Budget and income and expense accounts will be listed for Profit & Loss.
- Check the summary on the left.
- Click reset to reset the form.
- Click Save and then press ok to save the Budget entry.
View, Edit and Delete Budget
- In Budget page, select budget type.
- Select budget from the drop down menu.
- Click edit and delete to edit/delete the budget.
- By default budget detail will show only consolidated date for groups. Click on the expand button to show all accounts.
- Click on print button to print the Budget.
- Click on the spreadsheet button to export it in XLSX format.