Budgets & Forecasts
The Budget & Forecasts module allows you to assign budget and forecast amounts to your General Ledger Accounts, to monitor how closely actual posted amounts coincide with the budgeted values. Budgets and Forecasts are two independent sets of amounts that may be used for different purposes – Budget is to map out simple income and forecast is to compare what your expectations are against your budget. Typically Budgets and Forecasts are only maintained for Revenue or Expense accounts, but you may enter amounts for any account type.