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100% critical!

Lack of a budget option for balance sheet accounts is disappointingly limiting and will lead us to look elsewhere.

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Paul-John Mudie commented
· May 31, 2023 11:41 · Report
"Xero Team shared this idea February 18, 2013"

10 years later... yawn.

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I've heard yawning is contagious. If we all yawn enough eventually xero will grow tired and just get it done

Please add... my client/s need it.

If you want to manage to cash (not P&L), this is critical. We have regular large CapEx spend items that suck the life out of our cash budgeting (and it often comes in different schedules than originally budgeted, etc...).

Why can't we see a cash view which after all is THE MOST IMPORTANT aspect of managing a small business. Not P&L which is an accounting view - nice and all, but won't stop you failing.

a budget set up in Xero is not complete if it does not show how the balance sheet is impacted/forecasted

Please add this feature - would be very helpful!

The budgeting process cannot be complete if you cannot do it for Capital Expenditure. This is an important feature which Xero must have.

Please amend your budget set up to enable us to select all accounts from the chart of accounts, Balance Sheet & Profit & Loss Account, to be included in the Budgets. At the present time Xero only allows for P & L Accounts. This is therefore not a true budget for the business & true forecasting cannot be carried out. Loan payments & asset purchases must be able to be forecast & included in the budgets.

please add this feature :(

It's important for our long-term projects

Can this this function be added please
Looks like people have been trying to get this for years now

"Xero Team shared this idea February 18, 2013"

10 years later... yawn.

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.

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.

As per all comments below. This cant be a major task to amend.

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.

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

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.

Needed to track capital projects, having to use Excel is not a good option