Can I create and store multiple budget scenarios using DynacBudget ?
ABSOLUTELY! Once your original budget is created and stored, it cannot be altered and the user should be held accountable through variance analysis reviews. However, as things change during the budget year, the user should create and store updated budget scenarios for more accurate planning. DynacBudget allows for multiple budget scenarios any of which may be retrieved on demand and incorporated into the active “rolling budget”. You can develop a “worst case” budget for the bank”, a “best case” budget to determine maximum capital expenditures required or develop a half-year revised budget to reflect major unforeseen changes.
