Budget process

You can create a budget plan in Profit. Profit calculates the budget during the budget process.

You budget from the last period of the year. As a result, you automatically budget for unprocessed periods in the year with retroactive effect. Periods that have already been approved, remain approved.

Note:

Creating a budget plan is a lengthy process. We recommend running the budgeting in the queue and using processing groups.

Profit suppresses any messages during the processing. After completing the budget process, you view the messages using the budget log. You can resolve these messages.

During budgeting, no check is performed on:

• Minimum wage

  The check for the minimum wage is disabled.

• Date of birth

  No alert is generated if the employee has a fixed salary and no date of birth is entered.

• 'Ouderenvrijstelling'

  If there is no justification for the ‘Oudervrijstelling’ to be enabled, then it is ignored during budgeting.

You cannot execute the budget process over a broken year. The budget process can only be executed over a whole year. You can use filters to show the periods of the broken year in the output. If there are RAE entries, you will see these back in the periods to which they apply and not in the period in which the costs were incurred.

Note:

There is no journalising to Profit Financieel during the budget process.

Budget process for the budget plan:

1. Go to: HR / Payroll / Begrotingscockpit.
2. Select the budget plan.
3. Click on the action: Budget.

   Profit starts the budget process for the budget plan.

Budget process for the budget year:

1. Go to: HR / Payroll / Begrotingscockpit.
2. Open the properties of the budget plan.
3. Go to the tab: Budget year.

   Profit displays the budget status for each budget year.

4. Select the budget year.
5. Click on the action: Budget.

   Profit starts the budget process for the budget year.

To budget again:

1. Change the data of the employees.
2. Go to: HR / Payroll / Begrotingscockpit.
3. Select the budget plan.
4. Click on the action: Budget.
5. Deselect the Budget only those employees that have not yet been budgeted check box if you want to budget all employees again.
6. Click on: Yes if you want to assign the periodic increases for all employees again. For instance, if you have changed the wage scales.

   You start budgeting from the budget plan.