Setting a budget and re-forecasting

Keep on top of your forecasts with the rolling plan

Alexandra Henley avatar
Written by Alexandra Henley
Updated over a week ago

How do I approve a "budget"?

Planning in Figured takes full advantage of forecasting. You'll build the farm’s plan in your actuals + forecasts view, and you only need to do it once.

When your planned information has been loaded in via your production trackers and the planning grid, the plan can be approved by taking your first snapshot.

You can do this by clicking on the Approve plan button when in your planning tab, this will prompt you to take a snapshot which will be set as your Annual plan.

Annual plans are the snapshots representing your approved farm plan that year.

NOTE: In your planning grid, the button will say Approve Plan or Take Snapshot depending on if any snapshots are already present in the selected year. Both function in the same way.

Re-forecasting your Annual Plan

Your approved plan snapshot can be treated as your baseline budget. You can continue to change and work on your forecast, and any changes you make will not affect the data sitting in your snapshots - this means you can compare your current plan against any previous plans (snapshots).

We recommend taking a snapshot anytime you make a change to your plan.

If you need to make changes to your annual plan (budget), simply make the required changes in your forecasts, whether in your trackers or the planning grid itself. Once you've made the changes to the forecast data, click the Take Snapshot button in the top right of the Planning grid - here you can set this as your new annual plan/budget.

For video tutorials on the planning grid check out your YouTube playlist here.

Did this answer your question?