1. Home
  2. ERP
  3. Financial
  4. Budgeting
  5. Budget Accounting

By: Peter Poletti

Posted:

Budget Accounting Functions & Features

Modules include Establishes mandatory budgets for selected balance sheets, accounts, and profit and loss accounts;Income, expense, liability, assets, and equity accounts can be used in the budgeting process;Multiple budgets can be created from a single account to create what-if scenarios and for forecasting;Annual, quarterly, monthly, or customized budget periods;Creates financial statements in conjunction with budgets;Pro rata distribution of annual budgets over different periods, including quarterly, monthly, or other, customized periods;.. Budget Accounting Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Budget Accounting Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

The ERP software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the ERP solutions from scratch.

The Budget Accounting Functions & Features comprise the following elements:

  • Establishes mandatory budgets for selected balance sheets, accounts, and profit and loss accounts

    Establishes mandatory budgets for selected balance sheets, accounts, and profit and loss accounts, Budget Accounting Functions & Features
  • Income, expense, liability, assets, and equity accounts can be used in the budgeting process

    Income, expense, liability, assets, and equity accounts can be used in the budgeting process, Budget Accounting Functions & Features
  • Multiple budgets can be created from a single account to create what-if scenarios and for forecasting

    Multiple budgets can be created from a single account to create what-if scenarios and for forecasting, Budget Accounting Functions & Features
  • Annual, quarterly, monthly, or customized budget periods

    Annual, quarterly, monthly, or customized budget periods, Budget Accounting Functions & Features
  • Creates financial statements in conjunction with budgets

    Creates financial statements in conjunction with budgets, Budget Accounting Functions & Features
  • Pro rata distribution of annual budgets over different periods, including quarterly, monthly, or other, customized periods

    Pro rata distribution of annual budgets over different periods, including quarterly, monthly, or other, customized periods, Budget Accounting Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

Compare Now!
Functions and Features