Reporting: Budget - Add Budgets for Balance Sheet accounts
Ability to add budgets in the balance sheet accounts.
Purpose: It’ll make it easier for users to see the figure when they're budgeting in Xero.
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Paul-John Mudie commented
"Xero Team shared this idea February 18, 2013"
10 years later... yawn.
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Cypress Consulting commented
We manage property development projects and need budgets to be allocated to balance sheet accounts.
Has such a function been developed yet? Shouldn't be that hard.
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Pavan Soomal commented
We have budgets for expenses and fixed assets. If Xero were to facilitate balance sheet nominals on budget reports, this would make our life so much easier.
It does not make sense to have a separate budget on excel for balance sheet items, you should be able to have one budget report with all the nominal codes that will be used for that budget.
We need to present the report weekly so having to use both excel and Xero will be unnecessary time spent.
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Marc Foskett commented
As per all comments below. This cant be a major task to amend.
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Stephanie Bosch commented
We need Xero to facilitate balance sheet budgeting. It does not make sense to track actual vs budgeted capital expenditure on external spreadsheets, whilst operational performance can be tracked in Xero.
Please include this with the next product update. -
Susan Dixon commented
This is needed for Cashflow forecasting. It is important to have one program for keeping all our accounts related information. It does not make sense to have to use Excel spreadsheets to track cashflow and integrated budgeting as Xero does not provide the necessary reporting
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Desmond Swan commented
Preparing an integrated budget for the P&L, Balance Sheet and Cashflow Statement is so basic, the absence of this feature in XERO is hard to fathom.
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Patrick Brennan commented
Needed to track capital projects, having to use Excel is not a good option
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Alastair Eadie commented
This is needed for cashflow forecasting
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Lorraine Adams commented
Client is used to using & needs Balance Sheet Budget. Another fail. I wonder how many years this will take.....back to the spreadsheets.
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Tom Atkins commented
Add ability to budget for asset costs when creating budgets in Xero.
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Paul-John Mudie commented
We have to do this via Excel and manually add it in, it's a time consuming pain
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Bronwyn Koroheke commented
Would have thought, that this was a reasonably easy add.
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Marius van Heerden commented
We are using WIP accounts and move these costs once a project is finished to the P&L. Will be very useful if it allows to budget on Balance Sheet items as well. Currently we need to budget and do variance reporting manually on Balance Sheet items.
It would be GREAT if a budget can be set on Balance Sheet items as well.
Will this be ever available?
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Monique Jordaan commented
Budget Report, make that your bank balance is added and outstanding accounts. So that you can see you bank balance at the end of the period
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Stephen Davy commented
Budgets should be able to be set for any item from the Chart of Accounts
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Neill Miller commented
To do an effective cash flow projection month by month and forecast bank balances by month it is vital to be able to have a monthly forecast of when cash may be paid or received on each asset and each liability.
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Paul-John Mudie commented
Would be great to have a CAPEX budget option
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Yasmin Sellars commented
Our clients must have a budget and currently we need to do annual reports on Excel, as Xero cannot give us those features. Will be great and a time saver to to everything from Xero.
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Alicia Mason commented
Sage allows this functionality - you making it very difficult for us to move clients over... Please help!