Plan, Track & Control Every Budget
Set budgets by department or cost center, track actual vs planned spending in real time, get variance alerts, and stop overspending before it happens.
Budget Setup
Build Your Budget,
Your Way
Define budget cycles, create line items per department or cost center, and set approval workflows. Everything is structured, controlled, and easy to manage.
- Annual or custom budget cycles
- Department & cost center budgets
- Multi-level approval workflow
- Budget period open/close controls
Budget vs Actual
Always Know Where
You Stand
Real-time budget vs actual dashboard. As soon as transactions post in Accounts, your budget utilization updates instantly — no manual work, no spreadsheet juggling.
- Real-time actual vs plan view
- Per-department spending visibility
- Monthly & cumulative comparisons
- One-click drill-down to transactions
Variance & Alerts
Stop Overspending
Before It Happens
Automatic variance analysis highlights over-budget and under-budget lines instantly. Set alert thresholds so managers are notified before spending goes out of control.
- Auto variance calculation per line
- Over-budget alerts at custom thresholds
- Favorable & unfavorable variance flags
- Variance summary reports exportable
Everything in the Budget Management Module
Complete budget planning, tracking, and control for every business size.
Budget Management FAQs
Common questions about the Budget Management module.
Can I set budgets per department or cost center?
Yes. You can create budgets at department, branch, or cost center level. Each department head can view their own budget and track spending — while management gets a consolidated view.
How does the approval workflow work?
On Pro and Business plans, budget submissions go through a configurable approval chain. Managers review and approve budgets before they become active — ensuring proper oversight.
Are budget figures automatically compared to actual?
Yes. Budget vs actual comparison is real time. As soon as transactions are posted in Accounts, the budget dashboard updates to show current spending against plan — no manual updates needed.
Can I set alerts for over-budget spending?
Yes. You can configure threshold alerts (e.g. at 80% and 100% of budget). When spending crosses the threshold, the relevant manager is notified automatically.
Can I track both income and expense budgets?
Yes. On Pro and Business plans you can set revenue targets alongside expense budgets — giving you a complete picture of planned vs actual financial performance.
Key Features
Take Control of Your Inventory Today