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About Configuring Budgeting

Budgeting is used for preparing periodic and annual budgets for revenues, volumes, labor costs, and all other expense items. It also predicts business volumes and calculates labor and expense requirements for periodic forecasts or annual periods. Budgeter uses established cost standards to develop labor and expense projections which are linked directly to key business indicators (KBI's) such as occupied rooms, covers, and revenue dollars.

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