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<< Click to Display Table of Contents >> Budget Report |
  
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<< Click to Display Table of Contents >> Budget Report |
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The Budget Report displays the budget amount allocated for each GL Account ID for each period in a fiscal year. The budget record is prepared using the Budget Maintenance function.
This report has the following uses:
•To aid in verifying the completeness and correctness of the budget record.
•To serve as reference in monitoring the budgeted GL Account balance against actual operations on a periodic basis.
To print the Budget Report, follow these steps:
1.Access the Budget Report from the Reports Main group under the Reports tab.
2.Click the List box button next to the Configuration field; then, select the report configuration that you want to use.
3.Click the List box button next to the Sort By field and select one of the following sorting options:
•Account ID
•Specific segment type such as Account #, Division or Department
4.Click the List box button next to the Layout field and select the Layout option you want to use:
oBudget Report - PTD
Select this option if you want the report to display the assigned budget amount for an account for every period and its total budget amount for the budget year. |
oBudget Report - YTD
Select this option if you want the report to display the cumulative budget amount of each account a year to the end of every period. |
5.In the Report Configuration section, define the desired range of GL Account ID or segment values.
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6.If you want to generate the report showing only the GL Account IDs for an individual account ID, you may click the Individual Account ID checkbox and click the List box button in the Individual Account ID field to choose your desired account ID.
On the other hand, click the List box button next to the Account ID field and select either all, range or list. If you select all, the report will show all GL Account IDs. If you select range or list, click the From and To list box buttons to select the GL account IDs to include in the report.
7.In the Period Range area, specify the range of periods for the transactions that you want to include in the report.
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8.To select the budget information that you want to display in this report, click the List box button next to the Budget ID field; then, select from the list of existing budget IDs.
9.Select any of the following options:
oAll Accounts
Choose this option if you want the report to display all the GL Account IDs regardless whether it is a balance sheet account, income statement account, or comprehensive income account. |
oBalance Sheet Accounts
Choose this option if you want the report to show only GL Account IDs classified as balance sheet accounts (e.g., assets, liabilities, equity, other equity). |
oIncome Statement Accounts
Choose this option if you want the report to show only the GL Account IDs classified as income statement accounts (e.g., revenue, other revenue, cost of sales, other costs, expenses, other expenses, discontinued operations, extraordinary income, income tax expense). |
oComprehensive Income Accounts
Choose this option if you want the report to show only GL Account IDs classified as other comprehensive income accounts (e.g., Foreign Currency Translation Adjustment). |
10.You may mark or unmark this checkbox:
oInclude Zero Balance Accounts
Mark this checkbox if you want the report to display the GL Account IDs with zero balances in all periods. |
11.Click the Preview or Print button to preview or print the report.
The Budget Report function also provides you with flexibility to perform the following:
•Set up and save report configurations.
•Include notes in the printed report.
•Export the report to various supported file formats.
•Print the report by batch.
•Drill down on certain fields in the report:
oAccount ID
The system displays the Account Profile when you double-click the GL Account ID in the report. |
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