After a budget plan has been created, the planned values can be compared with the current accounting. It is important that the same tags are used for the same accounts in the accounting and in the budget plan so that an accurate comparison can be made.
Contents
- Brief overview through budget widget
- Detailed view:
> Progress to date
> Bar chart
Brief overview by budget widget:
By comparing the data from your ongoing accounting with the data from the budget plan you have created, the budget widget in the accounting overview gives you an initial overview of whether you are on track.
At the top of the widget you can switch between different budget plans. The illustration shows an example of a comparison with the "worst case" budget plan. Below you can switch between the turnover, costs and profit/loss. There are also two visualizations that describe the current status in more detail. These two visualizations are described in more detail in the next section. Clicking on "Show details" opens a new window for a detailed view.
Detailed view:
As with the widget, a budget plan and one of the three views - "Revenue", "Cost", "Profit/Loss" can be selected. In addition, an account or a tag can be selected on the left side. In this way, individual budget items can be analyzed more precisely.
Progress to date
Depending on which of the three views is selected, this chart shows the progress of incomes, expenses, or profit/loss.
The star (lightning bolt for expenses) marks the progress according to the budget plan at the current time. In the picture, for example, the planned expenses until the end of January.
Actual sales, expenses or profit/loss are displayed as numbers. Depending on the relationship between the star (lightning bolt) and the effective number, you are either on budget or not.
Bar chart
In the bar chart, the planned numbers are shown with the dashed line. The bars show the effective accounting figures. In this example, the planned incomes for January 2023 are exceeded.