Features
Budgets, and the year against them
SwiftlyBooks keeps budgets for each financial year: twelve monthly amounts for each income and expense account, for the whole company, one branch or one tag such as a project. Budget against actual compares them with the books for any month, quarter or the year to date, and marks what is off course.
- Filled the way that suits you: typed, a year's total spread evenly or in last year's pattern, or last year's actuals up or down.
- Started from last year's actuals, the last twelve months, another budget, or a spreadsheet you download and upload.
- Spreads that add up exactly: $100,000 over twelve months is $8,333.34 four times and $8,333.33 eight times.
- Several budgets for one year, each with its own name.
- Approved to lock it, by a second person where you ask for one.
- Budget against actual by month, quarter, year to date or the whole year, each figure opening to its transactions.
- Its profit agrees with profit and loss for the same months, branch and tag.
- Swiftly drafts a budget from last year when you ask, for you to check and save.
Common questions
Can I budget for one branch or project?
Yes. A budget is for the whole company, one branch, or one tag, such as a project or a grant.
What does budget against actual mark?
An expense over its budget, or income under it, by more than the margin you set (10% at first), in amber. So is an expense with no budget.
Can Swiftly write the budget?
Swiftly drafts one from last year's figures, up or down as you ask. It saves nothing: you check the draft, save it and approve it.
How do I start?
Switch budgets on in Settings. Every plan includes them.