This is multipurpose template. It does two things
Firstly, in the top-half of the report, it summarises budget Forecast at the departmental level by bringing together inputs done at various other input templates
It then also shows the total budget Forecast for the year and compares it with a point-of-reference budget/Forecast say amount e.g. previous year budget Forecast / Target envelop budgetBudget
Secondly, in bottom-half of the report, it also lets you enter budget Forecast 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
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Forecast input
Key info about where you can enter budget Forecast input
The budget Forecast is a total of various input templates which are then converted to financial amounts as ‘Measure’ e.g. HR Amt, Project amt etc.
In order to enter budget at Forecast in this template, you need to select an appropriate ‘Measure’ which is ‘Planning adjustment’ as indicated by ‘A’ below
Once you select correct the measure, the template will then let you enter info please click on “Non-people costs” to expand the list of account where you can enter the Forecast
Now you can capture your Forecast by accounts in the yellow area as below
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Instead of starting from zero base, you can copy your previous budget Forecast / actual as indicated by ‘B’ ‘C’ below
You can then increase / decrease the budget Forecast either at line level or high-level using similar drop-down
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Forward two years budget input
You can now enter budget for next two years using the high-level input template
To do so, you can copy either previous year actuals, previous year budget or current year budget as indicated by ‘A’ below
Once you have copied the base, then you can either delete or increase/decrease the base by selecting an appropriate option
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