1. Budget/Forecast Department General Expense template

This is multipurpose template. It does two things

• Firstly, in the top-half of the report, it summarises Forecast at the departmental level by bringing together inputs done at various other input templates

  • It then also shows the total Forecast for the year and compares it with a point-of-reference amount e.g. previous year Forecast / Target Budget

• Secondly, in bottom-half of the report, it also lets you enter 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 Forecast input

Key info about where you can enter Forecast input

• The 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 Forecast in this template, you need to select an appropriate ‘Measure’ which is ‘Planning adjustment’ as indicated by ‘A’ below

• Open

  

  Once you select the measure, please click on “Non-people costs” to expand the list of account where you can enter the Forecast

  Open

  

• Now you can capture your Forecast by accounts in the yellow area as below

• Instead of starting from zero base, you can copy your previous Forecast / actual as indicated by ‘C’ below

• You can then increase / decrease the Forecast either at line level or high-level using similar drop-down