Difference between revisions of "How To Generate a Budget Report"
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A budget comparison report compares budgeted income and expenses, and actual income and expenses over a specific period of time. By comparing budgeted and actual, a more accurate budgeting system can be developed over time to meet Free Geek's specific needs. The goal is to minimize the gap between budgeted and actual, so net income can be more predictable. | A budget comparison report compares budgeted income and expenses, and actual income and expenses over a specific period of time. By comparing budgeted and actual, a more accurate budgeting system can be developed over time to meet Free Geek's specific needs. The goal is to minimize the gap between budgeted and actual, so net income can be more predictable. | ||
| − | The purpose of the instructions is to assist in creating a simple and uniform report for any time specific time period. The report was formatted with the intentions of being easy to understand and print. The process begins using GnuCash. The information obtained in GnuCash is then exported into a Gnumeric file. In Gnumeric the report will be formatted and completed. | + | The purpose of the instructions is to assist in creating a simple and uniform report for any time specific time period. The report was formatted with the intentions of being easy to understand and print. The process begins using GnuCash. The information obtained in GnuCash is then exported into a Gnumeric file. In Gnumeric the report will be formatted and completed. Steps 1-5 is strictly for numeric and information purposes. Step 6 is for the presentation and aesthetic purposes. |
==Step 1: Inputting the Budget Into GnuCash== | ==Step 1: Inputting the Budget Into GnuCash== | ||
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(will be added later) | (will be added later) | ||
| − | ==Step 4: Formatting | + | ==Step 4: Formatting Budget Comparison Report== |
| − | Delete all columns containing information of months irrelevant to your specific report. In this case, all but one month data should be deleted. In the cell on the right of the the cell labeled "Act" type "Difference". Change all text to black and undo word underlining. Drag or move column A to the far left. Insert a row between the last income category and "One Time Income". In the new row, type in column A "Income (w/o one time)". Change "One Time Income" to "Total One Time Income". Insert rows needed under "Total One Time Income" to show specific sources of one time income. Insert two rows above row with "Expenses". Under "Total One Time Income" type "TOTAL INCOME". Insert a row above "One Time Expenses" and name it "Expenses (w/o one time)". Change "One Time Expenses" to "Total One Time Expenses". Add rows under "Total One Time Expenses" to break down and show specific one time expenses. After the last one time expense type in column A "TOTAL EXPENSES". | + | Delete all columns containing information of months irrelevant to your specific report. In this case, all but one month data should be deleted. In the cell on the right of the the cell labeled "Act" type "Difference". Change all text to black and undo word underlining. Drag or move column A to the far left. Insert a row between the last income category and "One Time Income". In the new row, type in column A "Income (w/o one time)". Change "One Time Income" to "Total One Time Income". Insert rows needed under "Total One Time Income" to show specific sources of one time income. Insert two rows above row with "Expenses". Under "Total One Time Income" type "TOTAL INCOME". |
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| + | Insert a row above "One Time Expenses" and name it "Expenses (w/o one time)". Change "One Time Expenses" to "Total One Time Expenses". Add rows under "Total One Time Expenses" to break down and show specific one time expenses. After the last one time expense type in column A "TOTAL EXPENSES". 2 rows down type in column A "TOTAL NET INCOME". | ||
==Step 5: Calculations in Budget Comparison Report== | ==Step 5: Calculations in Budget Comparison Report== | ||
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| + | ==Step 6: Formatting Appearance of Report | ||
Revision as of 14:45, 7 March 2007
A budget comparison report compares budgeted income and expenses, and actual income and expenses over a specific period of time. By comparing budgeted and actual, a more accurate budgeting system can be developed over time to meet Free Geek's specific needs. The goal is to minimize the gap between budgeted and actual, so net income can be more predictable.
The purpose of the instructions is to assist in creating a simple and uniform report for any time specific time period. The report was formatted with the intentions of being easy to understand and print. The process begins using GnuCash. The information obtained in GnuCash is then exported into a Gnumeric file. In Gnumeric the report will be formatted and completed. Steps 1-5 is strictly for numeric and information purposes. Step 6 is for the presentation and aesthetic purposes.
Step 1: Inputting the Budget Into GnuCash
(will be added later)
Step 2: Creating a Budget Report in GnuCash
(will be added later)
Step 3: Exporting the Budget Report into Gnumeric
(will be added later)
Step 4: Formatting Budget Comparison Report
Delete all columns containing information of months irrelevant to your specific report. In this case, all but one month data should be deleted. In the cell on the right of the the cell labeled "Act" type "Difference". Change all text to black and undo word underlining. Drag or move column A to the far left. Insert a row between the last income category and "One Time Income". In the new row, type in column A "Income (w/o one time)". Change "One Time Income" to "Total One Time Income". Insert rows needed under "Total One Time Income" to show specific sources of one time income. Insert two rows above row with "Expenses". Under "Total One Time Income" type "TOTAL INCOME".
Insert a row above "One Time Expenses" and name it "Expenses (w/o one time)". Change "One Time Expenses" to "Total One Time Expenses". Add rows under "Total One Time Expenses" to break down and show specific one time expenses. After the last one time expense type in column A "TOTAL EXPENSES". 2 rows down type in column A "TOTAL NET INCOME".
Step 5: Calculations in Budget Comparison Report
==Step 6: Formatting Appearance of Report