Create Budgets plans and reports for the real and for the plan..
On financial we need to plan the budgets eased on periods ( day, month or years), that help a lot to compare the budget plan for a different periods.
The Budgeting feature is live now. You can plan for the upcoming financial periods by creating budgets and evaluate your business performance.
To know more about this feature, check out our:
Help Document: https://www.zoho.com/books/help/accountant/budgets.html
If you need any further assistance feel free to reach out to us at email@example.com.
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Thank you very much for implementing the budgets in Books, it really was very necessary. https://www.gulffab.com/products.php
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MANTADHARI TEA PROJECTS commented
Can the budget period be weekly and Fortnightly (14 days) and quarterly too in the drop-down list when creating budgets just like monthly, half yearly, yearly is already in the drop-down list.
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Haurdik Agarwal commented
The bugdet feature doesnt sync up with Zoho Analytics. Any way where we can integrate that ?
Also the budget feature is more like a reporting feature and not there is no budget control feature.
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It would be great to be able to add Notes/Description to each Budget amount so we can remember the assumptions made to come up with that budget figure.
Great! Will this data also become available via Zoho Analytics soon?
Alvaro Corrales commented
Thank you very much for implementing the budgets in Books, it really was very necessary.
However, there is one thing that does not work properly.We can make a budget based on a label, but when we then compare with the actual data, the expenses of that label do not come out, but all the expenses that exist, have any label that they have.
I hope you can correct it shortly.Thank you very much again.
Awesome! Thank you Zoho Team for the release.
If it is not listed already, just like you can see income and expense by fiscal year on the Dashboard, you should be able to forward as well. Being able to see a graph for instance, allowing you to see expected income and expenses looking forward one, two, three months, or even twelve months. If you have something that looks backwards at income and expenses, it really shouldn't be such a difficult undertaking to pull information looking forward.
Good to see this is now a WIP, looking forward to it.
Agreed, this is deal killer. This and the lack of payroll is why Books is subpar to the competition and is not currently an option for us. We are still using QB but would like to transition as soon as Books is ready for prime time. This is not currently accounting software as it does not have basic accounting functionality included.