This is multipurpose template. It does two things
Firstly, in the top-half of the report, it summarises budget at the departmental level by bringing together inputs done at various other input templates
It then also shows the total budget for the year and compares it with a point-of-reference budget/Forecast say previous year budget / Target envelop budget
Secondly, in bottom-half of the report, it also lets you enter budget for Revenue or Non-people costs at high level
We can’t use this template to enter HR Costs. For permanent staff we need to use template 4 and for casual staff, we need to enter the info at project level
Current year budget input
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Instead of starting from zero base, you can copy your previous budget / actual as indicated by ‘B’ below
You can then increase / decrease the budget either at line level or high-level using similar drop-down
CAVEAT ACTOR : The copy function can lead to duplication / double counting of expenditure. If on top of the budget captured in Projects, we also copy previous year budget/actual for the full-year, it can lead to double counting once at detailed project level and then at high-level planning adjustment.
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Forward two years budget input
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