Budget Control Excel Year-to-Date & Full-Year Forecast M11

Budget Control Excel Year-to-Date & Full-Year Forecast M11.

Maximum planning, control and management to optimize benefits.

Advantages of implementing a Budgetary Control System with Projections in your company:

Maximize PROFITS
Improve internal processes to be more competitive
Anticipate decisions to achieve desired results
Encourage the entire organization to continuously improvement and not be left behind
Delegate responsibilities and Evaluate the performance to Directors

3 essential reports to achieve the strategic objectives of the financial perspective

Conversion of accounting accounts into analytical accounts or budget items for the preparation of an analytical P&L report.

Preparation of the budget and projections at the accounting account level or detailed by items.

Report 1. YEAR OVER YEAR Comparison Year-to-Date

Analysis of the evolution of each analytical account and evaluation of the performance of the current year vs the previous year

Report 2. YTD Budget VS Actual YTD.

How we are at the accounting closing date regarding the budget.

Report 3. FY Budget VS Full-Year Forecast.

How we are going to be at the end of the year with respect to the objective based on the actual data of the months already closed in accounting and the projections that we can control and manage until the end of the year.

This report is the one that contributes the most value to the system since it allows planning, anticipation, taking measures and decisions, delegating action plans … In order to achieve the objectives and establish a methodology for continuous improvement.