Introduction

The Budget Planner module in Focal Suite enhances financial planning and management capabilities by integrating seamlessly within the platform. Designed to facilitate efficient budget creation, tracking, and management, this module offers real-time insights and analytics to support informed decision-making. Key features include customizable budget categories, expense tracking, income forecasting, and interactive visualizations. This documentation provides comprehensive guidance on setting up, configuring, and utilizing the Budget Planner module to optimize your financial processes effectively.

Add-On Purchase Steps

  1. Purchase the Add-On:
    • Navigate to the “Subscription Plan” page.
    • Select the relevant “Usage Plan” and locate the Budget Planner add-on.
    • Complete the purchase process.

How to Use the Budget Planner Add-On

Once you have purchased the Budget Planner module, follow these steps to utilize its features:

  1. Access the Budget Planner:
    • Navigate to the sidebar and find the Accounting module.
    • Click on the Budget Planner button within the Accounting module.
  2. Manage Budget Planners:
    • On the Budget Planner page, you will see a list of existing budget planners.
    • View, edit, or delete budget planners as needed.
  3. Create a New Budget Planner:
    • Click on the “+” button to create a new budget planner.
    • Enter the name of the budget planner, select the budget period (monthly, quarterly, half-yearly, yearly), and specify the year.
  4. Add Income and Expenses:
    • For income categories, enter details such as maintenance sales amount and product sales amount to calculate total income.
    • In the expense category, add amounts for expenses like rent or lease, travel, etc., to calculate total expenses for the budget period.
  5. Save and Manage Budgets:
    • Save the budget planner after entering all necessary details.
    • Monitor and manage budgets effectively using the Budget Planner module.

By following these steps, you can effectively set up and utilize the Budget Planner module in Focal Suite to streamline your financial planning and management processes.