Budget Factors
The nominal ledger has powerful facilities for entering and maintaining budget figures to compare against actual values. One of these is the ability to enter an annual budget figure for an account, which is then divided over the periods according to a table of pre-defined percentages.
This option allows you to define up to five tables of values to use for this process. In each table you enter the percentage of the annual amount against each period, so that the total of each table is 100. If the total does not equal 100 you are returned to the top of the table to adjust the percentages – the current total is displayed at the bottom as you change each period.
Article ID: 1089
Created On: Wed, Jun 27, 2012 at 4:31 PM
Last Updated On: Mon, Jun 19, 2023 at 6:50 PM
Online URL: https://kb.datafile.co.uk/article/system-profiles-screen-3-nominal-1089.html