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GL Budget

The data model captures financial transactions within the GL Budget system, including Debit Amount, Credit Amount, Posting Amount, and Net Income. Views such as Budget, Budget Breakdown, Budget vs Actuals, Budget Trends, and Budget Summary offer insights into budget data analysis, departmental breakdowns, performance monitoring, historical trends, and total budgeted amounts for forecasting and decision-making purposes.

Benefits of This Data Model​

  • Enhanced budget analysis: Enables detailed breakdowns by departments and cost centers, enhancing the analysis of budget data for better decision-making.
  • Performance monitoring: Facilitates comparing budgeted amounts with actual expenses, allowing for real-time performance monitoring and variance analysis.
  • Historical trend identification: Helps identify historical trends and patterns in budget allocations, aiding in forecasting and strategic planning.
  • Comprehensive budget overview: Provides a holistic view of total budgeted amounts across different categories or time periods, enhancing the understanding of overall financial status.

Key Performance Indicators (KPIs)​

  • Debit Amount: The total amount debited in financial transactions within the GL Budget data model.
  • Credit Amount: The total amount credited in financial transactions within the GL Budget data model.
  • Posting Amount: The total posted amount in financial transactions within the GL Budget data model.
  • Net Income: The calculated net income based on the difference between total credit and debit amounts in the GL Budget data model.

Available Visualizations​

View NameDescription
BudgetDisplays budget data for analysis and comparison against actuals.
Budget BreakdownBreaks down budget figures by departments or cost centers for detailed analysis.
Budget vs ActualsCompares budgeted amounts with actual expenses to monitor performance and variances.
Budget TrendsShows historical trends and patterns in budget allocations for forecasting purposes.
Budget SummaryProvides an overview of total budgeted amounts across different categories or time periods.