Budget Preparation

THE POWER OF OUR INTEGRATED FUND ACCOUNTING BUDGET PREPARATION SOLUTION IS AVAILABLE FOR YOU RIGHT NOW

• Multiple Levels Of Security - allows you to customize access to the system and its functions.
• Loads Revenue And Expenditure Line Items from bmsGovernment Finance for preparation of the fiscal year budget. This can take only seconds depending on number of lines.
• Import Of Specific File– Format accommodates getting started first year if Budget already partially complete.
• Real Time Current Year Actual For Line Item and total preliminary budget for a fund are displayed on each budget line record.
• New Line Items can be added directly in Budget Preparation = bmsBudget Preparation. Non-Current line items that are no longer used can be maintained in the system for comparison or historical purposes.
• Provides For Fund Reserves and Adjustment of Cash available for budget purposes.
• Multiple Budget Scenarios can be saved and/or restored.
• Transfer Budget Lines To Accounting 2.0 When Desired. Transferring may be done as many times as necessary during the budget process to facilitate on going general ledger accounting transactions
• Uses Microsoft Excel to create instant graphs of the information based on certain system reports - like Expenditure/Revenue Budget Comparison, Expenditure/Revenue
• Budget Comparison by Year or Payroll Budget Comparison.
• Instant Access To Ledger's month to date totals. Provides total year view.
• Preliminary Budget Figures - and line items may be added by using a one or a combination of the following methods:
  • Manually in each ledger account.
  • Remotely by department heads using secure access where changes are restricted to their budgets only.
  • Automatically by using the previous year's budget or actual figures - or - a percentage of either. This can be applied to all budgets or selected budgets by account code range.
  • Centralize payroll budgeting

Integrated Payroll Budget Module:

• Create annual payroll using anticipated rates
• System calculates account totals supplying line item budget amounts.
• Build Salary schedules that allow you to quickly do what if cost analysis for budgeting or for salary negotiations. Know instantly how a 3 % salary increase would affect non-salary payroll expenditures.
• Schedules integrated with payroll to automatically adjust an employee's salary for longevity pay and other corresponding increases.
• Payroll Employee spreadsheet allows for anticipated changes in rates at any point during the budget year.
• Expenditure account changes can also be applied in any month and to different pay types resulting in the most accurate kind of payroll budgeting.

THERE ARE A VARIETY OF REPORTS. HERE IS A PARTIAL LIST:

• Revenue Budget
• Expenditure Budget
• Revenues Compared with Expenditures
• Expenditure by Activity & Object
• Revenue/Expenditure Summary
• Fund Summary of Revenues
• Summary of Appropriations by Fund & Object
• Fund Budget Summary
• User Reporting Capabilities
• Review & Reprint reports capabilities
• Reports can be printed to screen for preview, directly to printer, to a file or to email
• Special Payroll Budgeting Reports
• Payroll Detail Report
• Accounting Summary
• Payroll Summary