Budget Planning Receipts

There are many budget planning receipts within a budget. At least one planning receipt must be entered for each business unit. In the planning receipt; Receipts are created by considering these dimensions, including budget center, budget item, and activity type.

It is the plan in which the revenue and expense forecasts prepared by the business units are collected cumulatively in multiple planning receipts each year. Business units prepare their budgets in line with the business plans, submit them to the management, and the management approves the consolidated budget of the enterprise by making the necessary revisions and declares it to the business units. Expense control or revenue targets are made on the approved budget.

Planning receipts form the basis of budget planning. Unlimited planning receipts can be entered under a budget. Revenue and expenses are recorded on the planning receipts on a row basis according to the dimensions in the table above.

Budget Planning Receipt Sections

1. Expense / Revenue Center: Determines where the expansion or revenue occurs. Mandatory to fill.
2. Budget Item: It forms the main grouping of expense or revenue. Mandatory to fill.
3. Activity Type: It keeps track of which activity occurred as a result.
4. Work Group: It records in which work group in the enterprise it is done.
5. Project: If the expense or revenue in the budget is linked to a project, the project is selected.
6. Work: If the expense or revenue is related to a job, the job dimension is added.
7. Physical Asset: Repair and maintenance expenses or revenues are associated with physical assets.
8. Subscription: Expenses made for subscriptions are recorded.
9. Spent by: The person who makes the expense is selected.
10. Transaction Type: In the System Management Transaction-Process Categories, the relevant transaction type created from the Transaction Categories window is selected.
11. Process/Stage: Transaction-Process Categories in System Management, the relevant process/stage created from the Processes or Process Management Processes window is selected.
12. Related Budget: The budget to which the Revenue/Expense Plan will be associated is selected.
13. Document No: The number defined in the System Management > Document Numbers > Finance Page Numbers section is automatically displayed. If it is not defined in the system, it is entered manually.
14. Row Date: The estimated realization date of the Revenue/Expense.
15. Planned by: It is the employee of the company that carries out the plan.
16. Explanation: This is the field where the necessary explanation about the plan is entered.
17. Display in Scenario: Allows revenues and expenses to appear in the cash flow scenario.

Note: Budget Planning Receipts can be prepared and imported in CSV format under the Budget Module.