How to manage departments (Sales, Expenses, Employees)
Modified on: Fri, 8 Oct, 2021 at 2:25 PM
Before getting started...
We recommend watching this quick training video(3 min), which gives a brief and strong understanding on how to enter sales in Budgeto. Learn how to use the two planning methods, and how to enter your sales ($) manually for any month within your financial forecasts!
You can create a new department in Budgeto 2 ways:
1- Click on the "+" Icon next to the department field in your Sales, Expenses, or Employees menu.
2- Click on the "Confirm" button when finished.
1- Navigate to the "Expenses" menu.
2- Click on the Departments, categories and expenses management button;
3- On this menu, you can add, manage, or delete Departments created in Budgeto
4- Remember to click save when finished.
Can we create a budget by department?
Unfortunately, no. This Feature is not available.
Budgeto supports the concept of department for each section (i.e. sales, expenses, or employees). However, you cannot display a P&L, or other financial forecast per department.
What can you do? You could create and use different budgets/scenarios for each department. Ex: one Master budget (locked), a master budget (unlocked), and budgets based on departments (HR, Accounting, Marketing). This way, employees can work only in their departmental budget. Make sure you have the multiple scenarios option included in your Budgeto subscription.
For more information, consult the following articles from our Knowledge Base: