Budgets are generally created during the current year. Can I first create a reforecast of the current year and then start budgeting for next year?
Yes. Kardin Systems has a Commercial Reforecast that is an add-on to the Commercial Budget. It is identical to the Commercial Budget except that it allows you to set the number of months of actuals, and then paste in the actuals from your accounting system. There are also additional variance reports that are not available in the Budget. The Commercial Reforecast can also help with preparing your Operating Expense Reconciliation.
Related Questions
- Budgets are generally created during the current year. Can I first create a reforecast of the current year and then start budgeting for next year?
- If I can create a one-year budget, does Kardin have the ability to create multiple (such as 3 or 5) year budgets as well?
- We are in need of help planning for the coming year, can A1 Acct help create budgets and forecasts?