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Annual Budget Builder 2.4.0 by Smart Mood Reflection SRLDownload

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Users' rating   (1 votes) Rate it!
License Shareware / $35
Downloads 200
Publisher
File size 2.6 MB
Date added 20-Jan-2015
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Editor's review:

This is a budget builder tool.

Annual budget builder helps manage annual budgets for not only at personal level but also for businesses. Managing business at top or middle management positions require, several important skills like planning, organizing, staffing, leading and controlling resources. Efficient managers rely on efficient tools for understanding data and facts. His actions will depend on the ability to monitor them, to predict and influence their future evolution. Annual Budget Builder is a fast, accurate and easy to use budgeting tool that help managers plan expenses and resources for the year. He is then able to monitor if the plan is working well or not through the year. This tool helps take the usual issues into account when creating a budget. Factors such as drivers, trends, fixed and variable components, and unusual component, etc. can be taken into account.

Drivers are items that drive how another factor may be changing. Usually an amount proportional to the driver allocation is considered for the driven item. Trend is a set of user defined factors. The numbers indicated by these factors are considered to determine the allocation of the driven item. Fixed components are those that remain fixed over the budget period while the variable components are driven by /are proportional to a driver or a specific trend. Unusual components are those components that have no specific periodicity or ant link to other expenses. The data manipulations are done on spread-sheet like tables. Users should feel very comfortable with the way the tool manipulates data. This is done by taking into consideration of previous yearís amounts. Annual amounts are distributed into monthly splits. This is a very good tool.


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