Budgeting
A budget overrun shows on the requisition screen, not in next month's report.
- 01 Budget
- 02 Period distribution
- 03 Commitment
- 04 Actual
- 05 Variance
Tokuva's budgeting module handles periodic budgets by account, cost centre and project, revision tracking and variance against actuals. Budget control runs at requisition and order entry, configured to warn or to block.
Capabilities
Periodic budgets
Annual budgets distributed across periods by account and dimension.
Revisions
Kept as versions; the original is never overwritten.
Variance
Planned, committed and actual in three separate columns.
Procurement control
Remaining budget shown at requisition, warning or blocking on overrun.
By dimension
Cost centre, project and site budgets tracked separately.
Committed is not the same as actual
The common mistake is watching actuals alone. Once a purchase order is placed the money has not left, but the budget is committed. Tokuva shows planned, committed and actual side by side; what is really left is the first minus the sum of the other two.
Related
Other modules
See it on your own flow, not a slide deck
Give us three of your items, one of your structures and one of your customers. We will run a single end-to-end flow on your data — order, production, shipment, invoice, ledger.