Budgets - Calculate as a % of another line
I'm setting up a budget in Budget manager. Is it possible to budget that one expense line is a percent of another - eg Superannuation is 11.5% of wages payable?
Makes life easier and saves errors with copy typing
Hi team, we appreciate the appetite in formula driven budgets, to help reduce manual work. Recently, we released Analytics Budgets that's currently in early access. This new experience introduces suggested and event based adjustments, including percentage changes, giving you more flexible ways to model change.
While linking of lines and accounts within a budget isn't currently possible, this is something we're exploring as a future enhancement. I'll keep you updated of any news for this here.
-
Anita Dyne
commented
This is a great idea. We often want purchases as a percentage of Sales and Freight as a percentage of purchases.