MMPC's avatar
MMPC
Cover User
10 years ago
Status:
Open

Jobs: Monthly budget entry

Hi MYOB Development Team,

 

For future builds can you add Monthly Budgets for Jobs please.

 

I love MYOB software however one frustrating point I find with MYOB, is that you cannot set monthly Job budgets.

 

When running an organisation with multiple departments and Department Managers an Executive Officer needs to be able to see how each department is doing in comparisson to their budgets. 

MYOB will allow an annual budget to be set for Jobs which is great however, by setting budgets monthly you will be able to better meet your annual goals because you will better track your monthly figures. 

In doing so, you can make adjustments each following month to ensure you hit your annual goals.

 

It would also be very handy, to be able to break this down to Actuals v Budgets on several scales, EG Weekly, Monthly, Bi Monthly, Quarterly, Bi Anually etc....

 

 

Thank you

Ray Austin


"Addition of Monthly Budgets for Jobs"

Budgeting
Job Budgets
Job reports
Jobs

29 Comments

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  • CapFootball's avatar
    CapFootball
    Cover User
    12 years ago

    I use the Jobs (Budget Analysis) Report several times per month for 17 different budgets and its frustrating that a budget report does not allow for a date range.

     

    To be able to view a Job Budget on a quarterly basis or on the 5th day of the new month to be able to run a report from the 1st to the 31st of the previous month.

     

    As a budget basis report I can't understand why it doesn't have more flexibility.

     

    In addition why do we have to manually update the percentages, shouldn't this be automatically calculated especially if you have a date range.

    • SandraCarey's avatar
      SandraCarey
      Cover User
      11 years ago

      It would be great if the budget analysis by job reporting could be filtered by date as the lifetime expensing by job compared to an annual budget or even a quarterly budget is not possible unless you make up a new job code for each new period.  If you are not aware of this issue until it is too late you have no way of printing out a budget analysis by job because all of last years figures cannot be filtered out.

      • Nic-acc-addons's avatar
        Nic-acc-addons
        Super Partner
        11 years ago

        Hi Sandra,

         

        What you mention should be possible within BudgetLink. You can download it from our website at http://accountingaddons.com.au

         

        It integrates with MYOB  and should be able to provide you what you need. There is even a free cut down version if your requirements are modest.

         

        Best of luck.

         

        Nic

    • MickDevine's avatar
      MickDevine
      Valued Partner
      12 years ago

      Hi CapFootball, while I can't help with your immediate problem in MYOB there is a solution using our Calxa Premier. It allows full monthly budgets by job (and category) for up to 10 years ahead and has a comprehensive and flexible library of reports.

       

      Find out more at www.calxa.com.au or feel free to call me on 0433 77 88 05

       

      Mick

    • Barry_C's avatar
      Barry_C
      MYOB Staff
      11 years ago
      Status changed:
      New
      to
      New

      Thanks for the idea CapFootball. I understand you would like to run the jobs budget analysis report for a specific date range rather then showing the lifetime. As MickDevine mentioned, there are a range of 3rd party add-ons that can add additional functionality to the budgets area. http://myob.com.au/addons/ If users would like to see this option within the software, please show your support and add a vote or further suggestions.

  • SocialTeam's avatar
    SocialTeam
    MYOB Staff
    8 years ago

    Hi All

     

    Can you please enable jobs to have an individual budget that reports monthly and year to date. As a not-for-profit organisation employee, we receive multiple grants that require separate reporting and acquittals. The jobs in MYOB address needs for business selling goods or services only. TIA

     

    Posted on behalf of Vicki

     

     

    • StHelensNHH's avatar
      StHelensNHH
      Cover User
      8 years ago

      Absolutely agree that this is would be a very helpful addition in MYOB.  We need budgets at the job level on a MTD and YTD basis in MYOB that will enable us to produce reports directly out of the accounting system, instead of having to reinput into excel each month to prepare meaningful job reports.  Actual V budget job reports please!  Caroline

  • ASWatCR's avatar
    ASWatCR
    Partner
    10 years ago

    Agreed - it would be great if MYOB could do this as standard.

  • curious's avatar
    curious
    User
    10 years ago

    Agreed - This would save a lot of time and unnecessary spreadsheeting!

  • Liam_M's avatar
    Liam_M
    Former Staff
    10 years ago
    Status changed:
    New
    to
    Open

    Thanks for your excellent suggestion ASWatCR. Anyone else who would like to see monthly job budgets in a future update, please cast your vote here.

  • MMPC's avatar
    MMPC
    Cover User
    10 years ago

    This would help me so much as well as my department managers. I am all for this amendment to an excellent software package.

  • toorak's avatar
    toorak
    Cover User
    10 years ago

    Yes, this is a great idea.  Doing a project with a QS, and would be great to be able to track the spending, as the QS is the one who gives persmission to the bank, to get further drawdowns. 

    Surprised, that MYOB doesn't already have this. 

  • KattC's avatar
    KattC
    Former Staff
    10 years ago

    Hello toorak Thank you for your feedback and comments in regards to monthly budgets. I have sheared your comments with the team. 

  • JonathonG's avatar
    JonathonG
    Cover User
    8 years ago

    Some of our clients would like to be able to enter budget information for specific jobs on a monthly basis for both the current year and future year. Then being able to report on these showing actual v budget v last year. Currently only annual job budgets can be produced.