FinanceAccounting

Estimate of costs and revenues in the electronic budgeting system bb workspace

Estimates are a fairly common term that occurs in various spheres of a person's life, and therefore, even in the sphere of economic activity, has several contexts. In the most general form, the estimate of costs and revenues is a calculation, a documented financial plan, on the basis of which the managing entity manages the capital of the enterprise or company. In addition, the cost and income estimates serve as a necessary tool for monitoring the expenditure of financial resources. Estimates can be made for financing both projects in general, and for the production of certain works, which represent individual links or stages of the production process.

As a rule, the formation of estimates is the main document of the main budget of the enterprise or company, so very often in the economic literature and practice the process of budgeting is called budgeting. In this sense, the cost and income estimates reflect in detail the entire operational business of the enterprise, company or IP. At the same time, it shows how rationally the work is carried out to cover the costs of production activities with revenues that the business entity receives after selling its products.

When drawing up this document, it is necessary to identify and specify limits for all main budget-generating lines (items) of revenues and expenditures, to correctly identify the sources for obtaining reserves and savings, taking into account these indicators, optimizing budget parameters with the amount of tax deductions, and still a fairly large list of procedures for calculating and Analysis. Of course, this work is rather labor-consuming, it requires considerable work time for personnel and repeated testing with a "manual" method of budgeting. Considering that the final goal of the work on drawing up the estimate is to use its indicators to predict the main economic parameters of the enterprise - the cost of production, the values of various types of profit, it is not difficult to imagine how costly and routine this work can be. The modern model of economic development assumes a wide introduction in the management of enterprises and organizations of information support systems. One of these rather popular resources is the system of electronic budgeting. At the moment, there are several developments from various companies that help to efficiently, quickly and accurately calculate the most complex budget projects and models, as well as to produce a variety of procedures to accompany these projects. Let's consider some of them.

Budgeting systems bb budget and bb workspace are electronic resources that allow you to record income and expenses of an enterprise. This software is very easy to use and visually displays all the directions and articles of the budget plan. This resource allows you to make changes in this plan practically online, making monitoring operative. The program interface is a directory tree in which all existing items of expenses and revenues are displayed with real indicators displayed at a given time. Operating directly within the limits of all indicators of the financial plan, to compile any estimate with the help of this resource is not particularly difficult, not to mention purely technical nuances of this work. The advantages of this system are also that an accountant or other responsible person, using the resources of the personal cabinet of the program, can maintain complete control over orders and payments. In these programs, administration is as close as possible to the paper form of the workflow, and therefore will not cause difficulties in transferring employees to work in the electronic environment. This is very convenient, for example, and in those cases where it is necessary to keep records of income and expenses of IP, since the system assumes absolutely minimal actions on the part of the administrator.

In order to compile such a document as a budget for expenditures and revenues, the budgeting system bb workspace includes an organizational, methodological subsystem and an automated information system for supporting planning and budget execution control . It allows you to submit information in an excel-format.

The data is then processed by the SQL report generator "bb report", which, in fact, presents in the finished form all the data on the planned and actual expenditure of funds.

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