As farming conditions change, it’s important to keep a close eye on your business, so Figured gives you an adjustable budget and forecast to work with which we call the planning tab.
Livestock and production tracker income and expenses
All livestock and production income information (actuals, forecasts, and budget) is entered and edited via each of your production trackers and automatically pulls through into your planning tab.
NOTE: These production figures will be uneditable in your planning tab because they originate from your production trackers.
Other income and expenses
All other income and expenses will be entered in your Planning tab. Ensure your global settings are set to Budget.
Fast track adding in your transactions
There’s a variety of ways to enter values into your plan, depending on whether the amounts are fixed, or regularly change e.g. they fluctuate.
Fluctuate – If you’re budgeting for random or fluctuating amounts, then enter these manually into each cell.
Fixed – If you’re looking to copy or spread a fixed amount across the year, then you'd use the function as per below.
Click into a cell, enter a value at the bottom, and copy or spread it across the year.
You can also proportionally spread according to your last years locked budget using a distribution curve like below.
Resetting an account for an entire year
If you want to reset any account for the year, click on the green arrow and set a fixed amount back to $0 per month.
Enter values as a positive - or a negative?
For your budgets and forecasts you need to enter your $ values against these accounts as either positives or negatives, depending on the account type and if you're wanting to reflect an increase or decrease in bank account balance.