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Client Resources
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EBMS Main Documentation
- Introduction
- Getting Started
- Getting Started | Initial Installation
- Getting Started | Company Setup
- Quick User Guide | Financial Staff | Accountant
- Quick User Guide | Financial Staff | Accountant | Accountants Journal
- Quick User Guide | Sales Staff
- Quick User Guide | General Staff
- Features
- Reports
- Reports | Excel Add-In
- Reports | Excel Add-In | Troubleshooting
- Security
- Server Manager
- Technical
- Technical | Data Import and Export Utility
- Technical | SQL Mirror
- Automotive
- Automotive | Parts Catalog
- Automotive | Pricing
- Automotive | Point of Sale
- Automotive | Product Application
- Automotive | Keystone Interface
- Metal Supply
- Fuel Sales
- Horticulture
- Horticulture | Farm Setup
- Horticulture | Processing Payroll
- Horticulture | Managing the Farm
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Sales
- Introduction
- Customers
- Customers | Miscellaneous Customers
- Proposals
- Proposals | Processing Proposals
- Proposals | Sets and Templates
- MyProposals
- MyOrders
- Sales Orders
- Invoices
- Materials Lists
- Sales and Use Tax
- Sales and Use Tax | TaxJar
- CRM
- CRM | Auto Send
- Recurring Billing
- Credits
- Customer Payments
- Payment Card Processing
- Payment Card Processing | Gift Cards
- Payment Card Processing | Loyalty Cards
- Payment Card Processing | Verifone Gateway
- Freight and Shipping Tools
- General Ledger Transactions
- Point of Sale
- Point of Sale | Point of Sale Hardware
- Point of Sale | Xpress POS System
- Point of Sale | Advanced Tools
- Signature Capture
- Salesperson Commissions
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Inventory
- Product Catalog
- Product Catalog | Using Product Codes for No Count Items
- Product Pricing
- Product Pricing | Special Pricing
- Tracking Counts
- Unit of Measure
- Purchasing
- Special Orders and Drop Shipped Items
- Receiving Product
- Barcodes
- MyInventory and Scanner
- Components (BOM) and Accessories
- Components (BOM) and Accessories | Component Formula Tool
- Made-to-Order Kitting
- Configure-to-Order Kitting
- Multiple Inventory Locations
- Multiple Inventory Locations | Creating Locations
- Multiple Inventory Locations | Using Multiple Locations
- Multiple Inventory Locations | Product Catalog Sync
- Multi-Vendor Catalog
- Serialized Items
- Serialized Items | Purchasing or Manufacturing an Item
- Serialized Items | Selling and/or Associating an item with a customer
- Lots
- Product Attributes
- Product Attributes | Selling and Purchasing Items with Attributes
- Product Attributes | Custom Attributes
- Mobile Scanner (Legacy)
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Labor
- Getting Started
- Workers
- Taxes and Deductions
- Work Codes
- Time and Attendance
- Time and Attendance | Time Track App
- Processing Payroll
- Closing the Payroll Year
- Processing Payroll - Advanced
- Salaried Pay
- Piecework Pay
- Direct Deposit
- 3rd Party Payroll Service
- Subcontract Workers
- Flag Pay
- Prevailing Wages
- MyDispatch
- MyTasks
- MyTime
- MyTime | Communications
- MyTime | Setup
- Tasks
- Tasks | Getting Started
- Tasks | Creating Tasks
- Tasks | Scheduling Tasks
- Tasks | Customizing Task Views
- Tasks | Managing Tasks
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Financials
- Introduction
- Fiscal Year
- Chart of Accounts
- Budget
- Financial Reporting
- Transactions and Journals
- Transactions and Journals | Journals
- Account Reconciliation
- 1099
- Departments and Profit Centers
- Fund Accounts
- Bank Accounts
- Bank Feed
- Vendors
- Vendors | Miscellaneous Vendors
- Purchase Orders
- Expense Invoices
- Vendor Payments
- AP Transactions
- Landed Cost
- Fixed Assets and Depreciation
- Fixed Assets and Depreciation | Fixed Assets
- Fixed Assets and Depreciation | Fixed Assets | Adding Assets
- Fixed Assets and Depreciation | Processing Depreciation
- Fixed Assets and Depreciation | Disposing Assets
- MyJobs
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E-commerce
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Rental
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Job Costing
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Manufacturing
Creating a Simple Budget
The EBMS budget module can calculate a budget using formulas and variables, but there is no need to make a budget unnecessarily complicated. We recommend that you start with a simple budget and then add complexity as needed. This section explains the steps of creating a simple budget.
Complete the following steps to create a simple budget:
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Select Financials > Budget from the main EBMS menu.
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Select the appropriate Fiscal Year. Click on the Add Year button (in the image below, this is the button that says Add 2020) to create a new budget year. Budget projections can be created for future periods before the fiscal year is open.
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The budget list will be blank if the budget module has not been used before. You can skip the next few steps if budget records already appear.
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Click on the Wizards button and select Add By G/L Code option as shown below:
(This step is not necessary if the dialog opens automatically.) -
Enter the following information into the Add By G/L Codes wizard dialog:
a. Select a Folder from the dropdown. Keep General Ledger selected to include all folders and subfolders. (Maintain General Ledger folder settings so all accounts are included in a category folder.)
b. Enable the Include Subfolders option.
c. Enter the first revenue account into the From general ledger account entry to exclude all the asset and liability accounts.
d. Enter the last account that is included in the budget process into the To entry to establish a range of included accounts.
e. Keep the Filter setting as ?????-??? to create budgets for all the accounts. Review the Change a Range of Budget Accounts section for more details on the Filter option.
f. Set the Total Calculation option to Manual which will allow the user to enter the budget amount for each account manually. Review the Calculating a Budget Using a Formula section for more details on calculating a budget using a formula.
g. Set the Distribution to Equal so that the annual calculation is evenly distributed between the individual months. Review the Variable Distribution for details on creating budgets with variable values.
h. Set the calculation option to Yearly Basis since the budget is entered annually and then distributed monthly. Review the Variable Monthly Distribution section for details on the Monthly Basis option.
g. Click the OK button and the system will create a record for every account within the From and To range and within the Filter option.
Enter the projected income for each income account within the Yearly Total column as shown below. All budget values are entered as whole dollars.
Enable the Lock this year budget to the right of the Fiscal Year setting to keep the budget amounts from being recalculated or to keep users from altering the budget amounts.
Right click on the G/L Account and select Look-up to view the account detail, including actual values from past years.
Review the following Calculating a Budget Using a Formula section for details on calculation the budget amount from other accounts.