Topic results Budgets

CCH Practice Management
Setting up the Fee Budgets to track a budget
This document provides guidelines for practices to track budgets against actual figures using the Assignment Billing Timetable in CCH Central. It details steps to enter monthly entries, customize the home page for budget variance management, and generate the Assignment Budget Variance Report for comparing fee analyses with budgeted activities. Instructions include opening a client's assignment, selecting the WIP tab, inputting budget details, and saving the information. The use of these functions is optional, but customization of the home page for budget variance is necessary for effective tracking.
More information
Twinfield
Working with Budgets
This document discusses the Budgets module in Twinfield Bookkeeping, which enables users to create, manage, and compare financial forecasts. Key features include incorporating non-financial data, easier navigation through a search function, and new APIs for budget manipulation. The module provides various reports such as 'Actual vs Budget' and allows users with adequate permissions (roles 1-4) to interact with budgets. It outlines procedures for preparing budgets, entering values, and options for spreading amounts over periods. Additionally, it covers exporting, importing, and copying budget templates, along with mandatory fields needed for the budget entries.
More information
CCH Accounts Production
Budgeting for spending plans
The Budgets screen allows the user to create a spending plan for accounts and feed them through to the Financial Statement by referencing them.
More information
CCH Practice Management
Toolbox: Employee Budget
The document outlines the "Employee Budget" tool, which enables tracking employee performance on a monthly and year-to-date basis. It includes three main columns: "Target," reflecting budgeted hours and charge rates; "Planned," based on hours assigned in schedules; and "Actual," which shows hours posted in timesheets. A pop-up menu allows users to activate a percentage tracker to evaluate performance, highlighting underperforming employees in red. Additionally, users can toggle the visibility of total figures at the bottom of the table.
More information
CCH Practice Management
Toolbox: Budget Analysis
The document describes the "Employee Budget Analysis" tool in a software toolbox, which displays a bar chart comparing actual versus budgeted chargeable and non-chargeable time for an employee. Users can access a pop-up menu to view data for the current month or year-to-date, and can choose between hours or charge amounts. Access to this feature depends on the user's security group.
More information
CCH Practice Management
Toolbox: Budget Variance
The document outlines the functionality of the "Budget Variance" option within the Billing Variance Homepage. It details how users can analyze Actual Fees versus Budgeted Fees through an interactive chart that combines line graphs and bar charts. Users can customize the view via a drop-down menu, filter data by various criteria (e.g., Client Partner or Practice), and access detailed assignment information. The document emphasizes the importance of correctly grouping data for better visibility of budget variance, and it includes instructions for navigating and modifying the display settings to enhance usability.
More information
CCH Audit Automation
Staff Records
This document outlines the process for creating and managing staff records in CCH Audit Automation during the audit planning stage. It details how to input staff details such as initials, name, email, charge grade, seniority, assignment dates, and notes justifying their selection. The guide also describes how to apply security settings, add, edit, or delete staff records, and suppress sign-off requirements. The document includes user interface instructions, highlights the importance of maintaining accurate records, and emphasizes the system's capacity to manage access controls efficiently.
More information
CCH Practice Management
Setting up the Assignment Billing Timetable to track a budget
This document provides a guide for setting up an Assignment Billing Timetable to track budgets against actual figures in a practice management system. It outlines steps to enter monthly budget figures in the WIP tab of the client's assignment, including inputting dates, amounts, and comments. Users are instructed to save the information and are reminded to customize their Home Page with the Budget Variance Option to complete the setup. Related documentation on assignments is also referenced for further assistance.
More information
CCH Audit Automation
Reallocation of Tests
The document outlines the procedure for reallocating audit tests to staff members within an audit automation system. It describes how staff can be assigned tests, including the option to maintain or adjust these allocations for the following year. Users can access a reallocation dialog through the budgeting menu to manage unallocated tests and those assigned to staff not participating in the current audit. The system facilitates the movement of assignments easily, allowing corrections if mistakes occur. Final reallocation requires confirmation, and users can choose to abort the process if necessary.
More information
CCH Practice Management
Employee Record: Budget tab
The "Budget" tab provides a detailed view of an employee's projected budget for a financial period, organized by accounting periods. It allows users to view data for different years and calculate yearly budgets based on chargeable work hours and standard charge rates. Users can enter information manually or use the "AutoFill" feature for efficiency. Key data points include standard hours, chargeable hours, non-chargeable hours, and receipted amounts. Users can also manage accounting periods by adding or deleting entries as needed, with automated calculations aiding budget tracking and reporting.
More information
CCH Audit Automation
Budgets
This document outlines the process for recording budgets in CCH Audit Automation. Budgets can be entered manually or auto-calculated based on assigned audit tests. Users can allocate time across audit areas or utilize past data to improve future budgeting. The manual entry method involves selecting staff and defining hours, while the auto calculation feature summarizes time for staff and streamlines reallocation of unassigned tasks. Both methods aim to ensure efficient resource management and accurate budgeting for audits, with detailed instructions and screenshots provided for clarity.
More information