Financial Budgets and Maconomy

Financial budgets that are created based on templates are used to provide all information specified in the template.

This information is entered and stored in Maconomy in numerous ways, including:

• Entering information into P&L
• Using predefined subbudgets for:
  • Employee related costs and incomes
  • Direct costs
  • Intercompany settlements
• Creating subbudgets per P&L account. Such subbudgets can be created by each user of the budget.

Note: Budget approval is conducted on Sum Budget (described later in this guide) in the Subordinate Budget Tab.