Of Budgets, Balances & Reminders
If you are heavily into budgets, you will be pleased to know that MoneyWorks supports two alternate budgets, A and B. Budget information for each of these can be entered for the Previous, Current and Next financial years, and is used to generate variance data in your account enquiries and reports. Budgets are normally done on an accrual basis (e.g. invoiced sales); use the Cash Forecast report to convert an accrual budget to a 15 month cash flow forecast.
Budget data can be entered directly into MoneyWorks, it can be copied out of a spreadsheet (or from the MoneyWorks historic actual or budget data) and pasted into the MoneyWorks budget editor, or it can be imported from a text file (import).