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- There are two ways to use this module: create budgets by KPI or budgets by
- GL accounts. Currently, the two methods cannot be combined in the same budget.
-
- **Budget by KPIs**
-
- To use this this mode, you first need to flag at least some KPI in a MIS report
- to be budgetable. You also need to configure the accumulation method on the KPI
- according to their type.
-
- The accumulation method determines how budgeted values spanning over a
- time period are transformed to match the reporting period.
-
- * Sum: values of shorter period are added, values of longest or partially overlapping
- periods are adjusted pro-rata temporis (eg monetary amount such as revenue).
- * Average: values of included period are averaged with a pro-rata temporis weight.
- Typically used for values that do not accumulate over time (eg a number of employees).
-
- When KPI are configured, you need to create a budget, using the MIS Budget (by
- KPIs) menu, then click on the budget items button to create or import the
- budgeted amounts for all your KPI and time periods.
-
- **Budget by GL accounts**
-
- You can also create budgets by GL accounts. In this case, the budget is
- populated with one line per GL account (and optionally analytic account and/or
- tags) and time period.
-
- **Add budget columns to report instances**
-
- Finally, a column (aka period) must be added to a MIS report instance,
- selecting your newly created budget as a data source. The data will be adjusted
- to the reporting period when displayed. Columns can be compared by adding a
- column of type "comparison" or "sum".
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