GCS Software LLC

Budget

GL→Budget

The GENERAL LEDGER BUDGET feature is used to create and generate a budget plan for financial performance. Projected or planned revenues and expenses can be easily presented and stored for analysis reporting and assessment. The program utilizes all applicable transactional data executed through the system to evaluate/compare against the user-defined values assigned in the program.

General Ledger Budget plans are produced and stored at the Corporation level. The program stores and maintains the associated information for each year and plan defined through the program.

The GL BUDGET Feature provides on-screen access to additional LINE FILL options through the AUTO FILL button located on the lower left portion of the form. (See the Auto-Fill section below for more information on data fill options). The user may define and create multiple budget layouts for a selected corporation and/or year by assigning a unique user-defined, budget identification code in the budget field.

Corp. Code: Enter a valid CORPORATE CODE identifying the specific Corporation for which the Budget is to be defined.

Year: Enter the appropriate year for which to base the Budget Information.

Budget: A unique user-defined code representing the specific Budget up to 2 characters.

1 | P a g e Budget

GCS Software LLC

Description

: A Budgetdescription representing the previously assigned Code up to 35 characters.

Set Default: A SET DEFAULT option is available above the value columns for optionally designating a specific Budget Plan as the default layout for Budget based reporting associated with the selected Corporation.

Once the header values are entered, the user should navigate to the line detail section to enter the Budget Plan entries. The Auto fill option can be used to populate the lines.

Auto Fill: The AUTO FILL feature offers a convenient selection of automated data retrieval options to facilitate the entry process. The user may selectively retrieve line entries and associated values based on actual transactional processing data and/or pre-existing budget entries. Criteria options are available to define and/or restrict the data retrieval based on user specific data (i.e., division, sub-ledger, and/or general ledger account) specifications.