Versions Compared

Old Version 1

changes.mady.by.user Julie Leake

Saved on

compared with

New Version 2

changes.mady.by.user Frank Gambino

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Name                                        

Denotes the name of the budget line.

Code

Denotes an alternate short name for the budget line. Many reports need to be coded to one of the following:
AVAILRMS = Available Rooms KBI
TTLRMS = Total Occupied Rooms KBI
POR = Rooms Revenue from occupied rooms
TTL_Revenue = Total Revenue
GOP = Gross Operating Profit
NOP - Net Operating Profit
GOI = Gross Operating Income
NOI - Net Operating Income
TTLRMS = Total Rooms (mirrors the Total Occupied Rooms KBI)

Account Code

Allows you to assign an account code to the budget line.

Allocation Type

Allows you to specify how the budget line is allocated.

  • None. Denotes that you do not wish this budget line to be allocated.
  • Fixed. Denotes that you wish to assign specific allocation percentages for this budget line.
  • Variable. Denotes that you wish Budgeter Budgeting to determine how a budget line should be allocated.

    This allocation can vary period by period as the relationship between the Percent lines change.

Factor Mode

Determines which elements of the formula have the factor applied. Factors allow you to adjust for circumstances.

There are three formulas that can be selected:

  • Variable. Total Dollars = Units x Rate x Factor + Fixed.
  • Fixed. Total Dollars = Units x Rate + Fixed x Factor.
  • Both. Total Dollars = Units x Rate x Factor + Fixed x Factor.

Show % of Line based on

Allows you to determine which line is to be used when displaying the relationship with the budget line you are editing.

Show % of Parent

Allows you to tell Watson that you want to display the relationship between the budget line you are editing and its parent.

Budget Line Type

Allows you to designate what type of budget line you are creating.

Parent Line Operation

Allows you to select which operation you wish to be applied to the Parent Line for this budget line.

 

Creating Budget Lines

To create new budget lines:

...

  1. Select a Market Group to be used for the rooms forecast.
  2. Select a Market Segment to be used for the rooms forecast. If you choose All, Budgeter Budgeting will create a market segment line for every segment in the market group.
  3. If you chose to allocate in Step 6 of Creating Budget Lines, click Next and proceed to About Configuring Allocations, OR click Finish if you chose not to allocate.
  4. If you need to add other budget lines, return to Creating Budget Lines, OR Click the Save icon if you are finished adding budget lines.

...

  1. Select the Revenue Center to be used for the rooms forecast.
  2. Select the Revenue Center Period to be used for the rooms forecast. If you choose All, Budgeter Budgeting will create a revenue center period for every period in the revenue center.
  3. If you chose to allocate in Step 6 of Creating Budget Lines, click Next and proceed to About Configuring Allocations, OR click Finish if you chose not to allocate.
  4. If you need to add other budget lines, return to Creating Budget Lines, OR Click the Save icon if you are finished adding budget lines.

...

  1. Select the line to be used for the Basis (the line on which the calculation will be based). NOTE: You cannot choose the line you are creating, or any lines dependent on this line, as the Basis.
  2. If you chose to allocate in Step 6 of Creating Budget Lines, click Next and proceed to About Configuring AllocationsAllocations, OR click Finish if you chose not to allocate.
  3. If you need to add other budget lines, return to Creating Budget Lines, OR Click the Save button if you are finished adding budget lines.

...