Budget allocation and hierarchy of Analytic Accounting
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Khurram Shahzad
Aug 30, 2016, 3:35:03 AM8/30/16
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Dear All,
We have decided to use analytic account for recording department-wise impact of expenses. Now, we have to allocate budgets to various departments. How can it be done?
I think we should be able to set the opening balances for various analytic account; am I right? If so, how can it be done?
I also request you guys to suggest me the best analytic accounts hierarchy from the following two options to record Maintenance Expense for various departments.
1. Open one Maintenance GL Account. Create one analytic accounts for each department. When maintenance expense is recorded in Maintenance GL Account, record the expense in corresponding department's analytic account. In this case, all other expenses, like entertainment, will also be recorded to departments analytic account.
2. Open one Maintenance GL Account. Create one analytic accounts for each department. And, within each department create expense accounts like maintenance expense, entertainment expense etc. When maintenance expense is recorded in Maintenance GL Account, record the expense in corresponding maintenance expense analytic account of that department. In this case, every expense will be recorded to its specific analytic expense account of a department.
Best Regards,
Khurram.
We have decided to use analytic account for recording department-wise impact of expenses. Now, we have to allocate budgets to various departments. How can it be done?
I think we should be able to set the opening balances for various analytic account; am I right? If so, how can it be done?
I also request you guys to suggest me the best analytic accounts hierarchy from the following two options to record Maintenance Expense for various departments.
1. Open one Maintenance GL Account. Create one analytic accounts for each department. When maintenance expense is recorded in Maintenance GL Account, record the expense in corresponding department's analytic account. In this case, all other expenses, like entertainment, will also be recorded to departments analytic account.
2. Open one Maintenance GL Account. Create one analytic accounts for each department. And, within each department create expense accounts like maintenance expense, entertainment expense etc. When maintenance expense is recorded in Maintenance GL Account, record the expense in corresponding maintenance expense analytic account of that department. In this case, every expense will be recorded to its specific analytic expense account of a department.
Best Regards,
Khurram.
Khurram Shahzad
Sep 3, 2016, 5:15:04 AM9/3/16
to tryton
Can anybody help resolve these queries .....?
Cédric Krier
Sep 6, 2016, 3:05:04 AM9/6/16
to tryton
On 2016-08-30 00:15, Khurram Shahzad wrote:
> Dear All,
>
> We have decided to use analytic account for recording department-wise
> impact of expenses. Now, we have to allocate budgets to various
> departments. How can it be done?
>
> I think we should be able to set the opening balances for various analytic
> account; am I right? If so, how can it be done?
We do not have yet a budget module. I wrote sometimes ago a blueprint
> Dear All,
>
> We have decided to use analytic account for recording department-wise
> impact of expenses. Now, we have to allocate budgets to various
> departments. How can it be done?
>
> I think we should be able to set the opening balances for various analytic
> account; am I right? If so, how can it be done?
but never implemented:
http://hg.tryton.org/deprecated/tryton.wiki/file/tip/BudgetModule.wiki
The blueprint could be revived on
https://discuss.tryton.org/c/feature/accounting
> I also request you guys to suggest me the best analytic accounts hierarchy
> from the following two options to record Maintenance Expense for various
> departments.
>
> 1. Open one Maintenance GL Account. Create one analytic accounts for each
> department. When maintenance expense is recorded in Maintenance GL Account,
> record the expense in corresponding department's analytic account. In this
> case, all other expenses, like entertainment, will also be recorded to
> departments analytic account.
>
> 2. Open one Maintenance GL Account. Create one analytic accounts for each
> department. And, within each department create expense accounts like
> maintenance expense, entertainment expense etc. When maintenance expense is
> recorded in Maintenance GL Account, record the expense in corresponding
> maintenance expense analytic account of that department. In this case,
> every expense will be recorded to its specific analytic expense account of
> a department.
there will be less analytic account to choose from.
--
Cédric Krier - B2CK SPRL
Email/Jabber: cedric...@b2ck.com
Tel: +32 472 54 46 59
Website: http://www.b2ck.com/
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