Overview of Budgeting & Planning

Budgeting & Planning is used to model the impact of different financial plans on the balance sheet and profit and loss accounts before submitting plans for approval.

Typically, Budgeting & Planning is used for planning in specialized business areas such as financial planning, Capital Planning, Cash flow, and Forecasting. These are integrated into Budgeting & Planning as sub plans and features and enable planning at a more detailed level than in the core financial model.

Capital Planning provides the ability to identify assets, associate them with asset groups and calculate the related depreciation expense. Capital Planning asset costs can be incorporated into workbooks for finance and decision packages.