Commencement Feasibility

This is used to record a single figure per cost centre as to the original budget allocated for the costs and revenue of a project or stage

Forecast to Complete Budget

This is used to record a single value per cost centre per financial period from the current financial periods to the end of the job. Its purpose is to allow construction and development managers to forecast the end position of a job. The term ‘current forecast’ is used to describe the value of actuals to date plus this budget to the end of the project.

Original Commencement Budget

This is used to record a single value per cost centre to record the original estimated cost and revenue for the job. This value should never be changed after it has been created and variations should only ever be used.

Variations to Job Commencement Budget

This is used to record changes by cost centre to be added or subtracted to the job original budget. These are split into two types, a head variation and a budget transfer. They both have the same effect but are in fact reported using separate balances in the power writer.

Forecast

This is used to record a single figure per cost centre per financial period for this year’s business budget. This budget is usually only used for a single year and would be the budget that would be put together from the business planning process and then would be used to gauge how each project is going for the year.

Cash Forecast

This is used to record a single figure per cost centre per financial period for the complete cash forecast for the project. It is used as a benchmark to compare the current forecast to the original cash forecast.

Annual Cash Forecast

This is used to record a single figure per cost centre per financial period for the annual cash forecast for the project. This budget is usually only used for a single year and would be the cash movement budget that would be put together from the business planning process and then would be used to gauge how each project is going for the year in cash flow terms.

It is also possible to plan up to 10 years of business planning budgets using this report if required.

Annual Sales Forecast

This is used to record a single figure per cost centre per financial period for the annual sales budget. This would use the value and timing of sales contracts actually forecast to be signed and would be used as a comparison to the actual and current forecast sales budgets in reports and graphs.

It is also possible to plan up to 10 years of business planning budgets using this report if required.

Lot Feasibility Count

This is used to record a single quantum per cost centre for the quantum of lots that are forecast to be sold in the original feasibility budget. This budget would be used in reports to compare the original number of lots to be sold to the actual and current forecast lots to be sold.

Lot Forecast Count

This is used to record a single quantum per cost centre per financial period for the quantum of lots that are forecast to be sold in the current annual forecast budget. This budget would be used in reports to compare the current year’s number of lots to be sold to the actual and current forecast lots to be sold for the year at a stage only level.

It is also possible to plan up to 10 years of business planning budgets using this report if required.

Improvement Forecast Count

This is used to record a single quantum per cost centre per financial period for the quantum of improvements that are forecast to be sold in the current annual forecast budget.

This budget would be used in reports to compare the current years number of improvements to be sold to the actual and current forecast improvements to be sold to the actual and current forecast improvements to be sold for the year at a project only level.

Improvement Feasibility Count

This is used to record a single quantum per cost centre for the amount of improvements that are forecast to be sold in the original feasibility budget. This budget would be used in reports to compare the original number of improvements to be sold to the actual and current forecast improvements to be sold.