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.
AdminXero Team
(Admin, Xero)
shared this idea
Hi everyone, thanks for all your support and sharing how useful budgeting for Balance sheet accounts would be for your business.
We've launched new Analytics Budgets which is in early access and can be accessed from the Reports centre.
Though not in the first cut, balance sheet budgeting is planned, with intentions for you to be able to set a balance sheet budget and compare it with actuals in reports. We'll update you again as this work progresses to share more details.
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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!
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Frances Oconnor
commented
Hi there
It would be great to be able to include a budget for assets. The CAPEX budget is always an important part of our planning.
Thank you.
Fran