Adding a New Budget

Adding a New Budget

This tutorial will walk you through the steps to ‘Add a Budget’. Before you add a budget, make sure that you have the Fiscal Year setup for the legal entity and year of the budget that you are going to create. Click here to go to the fiscal year setup training. To begin, hover over ‘Account’ on the ribbon and select ‘Budget.’ A new window will open with the name “Budget”. In the ‘Name’ field, input the name of the budget you are adding. Next, in the ‘Budget Year’ Field, select the year you are creating the budget for. Next, … Continued
Editing a Budget

Editing a Budget

This tutorial will walk you through the steps to ‘Edit a Budget’. To begin, click on the word ‘Budgets’ in the ‘Accounting’ section of the Ribbon on the Left. You will see a listing of all the existing budgets. Select and double click on the budget you wish to edit. A new window will open for the Budget you selected. There are two options to Edit the Budget.Option 1 – If you are only editing a few of the amounts then you can edit directly in the Budget Screen. Simply find the amount for the account and period you wish … Continued
Advanced Budgeting

Advanced Budgeting

Advanced Budgeting in Restaurant365 allows Users to build and customize Budgets to meet the needs of their organization.  Budgets can be created for both Balance Sheet and Profit & Loss Statement Accounts.  Budgets can be created from Prior Year Actuals or from a Blank template.  This training article will provide a comprehensive overview of every aspect and feature of Advanced Budgeting Jump to Section: Security Requirements Getting Started Budget Parameters Budget Screen Account Detail Screen Create a Budget from Blank from Prior Year Actuals from Other Budget Update a Budget Export a Budget Import a Budget Save a Budget Add Comments … Continued
Budget Screen

Budget Screen

This article describes the Budget Screen in the Advanced Budgeting feature in Restaurant365.  Click here for more information on Budgeting Budget Screen The Budget screen is where the budget can be viewed and updated.  The parameters that were set on the Budget Parameters screen are also present on the Budget screen and can be adjusted here as needed. Legend: 1) Year – The Year for the Budget 2) Locations – The Location (or Multiple Locations) for the Budget. Note: when Multiple Locations that belong to different Legal Entities are selected, the Periods (or weeks) will be pulled from the Legal … Continued
Budgeting Overview

Budgeting Overview

Overview Advanced Budgeting in Restaurant365 allows Users to build and customize Budgets to meet the needs of their organization.  Budgets can be created for both Balance Sheet and Profit & Loss Statement Accounts.  Budgets can be created from Prior Year Actuals or from a Blank template.  This training article will provide an overview of the Advanced Budgeting feature in Restaurant365 with links to specific articles covering every aspect of Advanced Budgeting   Advanced Budgeting Demo Video Click here to open the  Security To create and modify Budgets in Restaurant365, a user must have the security role of Accounting Manager or Accounting … Continued
Creating a New Budget

Creating a New Budget

This article will describe the steps necessary to create a new Budget using the Advanced Budgeting feature in Restaurant365.  Click here for more information on Budgeting Creating a New Budget To begin the process of creating a new Budget, hover over the Account menu and selected ‘Budget’ Upon selecting Budget, a new tab will open where the Budget Parameters will be set prior to creating the Budget   Budget Parameters Budgets can be created and saved with the following parameters: Current and future years Single Location or multiple Locations By Period or Week Using the Fiscal or Operational Calendar Budgets … Continued
Completing and Updating Budgets

Completing and Updating Budgets

This article will describe the steps necessary to complete a New Budget, or update an Existing Budget using the Advanced Budgeting feature in Restaurant365.  Click here for more information on Budgeting Completing / Updating Budgets After a Budget has been successfully created, Users can begin the process of filling in the Budget / updating the Budget.  Entering / Updating values in to Budgets can be accomplished using the following methods: Manual Update Export / Excel Update Manual Update Single Location Budget Budgets that include only a single Location can be updated on the main Budget screen by single-clicking in to the desired … Continued
Budget Account Details Screen

Budget Account Details Screen

This article describes the Budget Accounts Detail Screen in the Advanced Budgeting feature in Restaurant365.  Click here for more information on Budgeting Account Detail Screen To view and make updates to a specific GL Account, the User can right-click and select ‘Details’ or double-click on the GL Account line to open the Account Detail screen. This screen is viewed in a popup over the Budget screen and allows the User to make updates by Period / Week for all Locations on the Budget.  Additionally, a User can make mass updates to all Periods / Weeks for all Locations by using … Continued
Budget Parameters Screen

Budget Parameters Screen

This article describes the Budget Parameters screen in the Advanced Budgeting feature in Restaurant365.  Click here for more information on Budgeting Budget Parameters Budgets can be created and saved with the following parameters: Current and future years Single Location or multiple Locations By Period or Week Using the Fiscal or Operational Calendar Budgets can also be created for both the Balance Sheet and Profit & Loss statement On the Budget Parameters screen, an Accounting Manager User will select the year, select the Location(s), designate periods vs weeks, designate the Calendar Type (Fiscal vs. Operational), and the Budget Account Type (Balance Sheet … Continued