Overview

The "Financial planning and budgeting" scenario describes the processes chain of financial planning aimed at creating standard financial plans: profit and loss statement, balance sheet, cash flow and CapEx. Other company-specific management forms of financial plans can also be applied in the scenario.

Budget data is filled manually or populated with sales and operations planning data with subsequent adjustments and shifts in time.

Financial planning and budgeting flowchart

Links to User Guide

• Review last period budgets and current operational plans
• Maintain budgeting models
• Maintain forecasted exchange rates
• Schedule and follow up budgeting process
• Create purchase budgets
• Create general expenses budget
• Create production budgets
• Create sales budgets
• Create marketing activity budgets
• Create CAPEX budgets
• Create profit and loss, balance sheet, and cash flow budgets
• Perform planning profitability analysis
• Release budgets

Links to Setup Guide

• Basic settings of financial planning
• Capital investment budget
• Income and expense budget
• Equity change budget
• Cash flow budget
• Balance sheet budget
• Planning business processes