How To Use 'Flat To Budget' in Reforecasting

When re-forecasting, you are typically working with a budget that shows the actual expenses and income through the last closed month, and you want to adjust the remaining months to arrive at the same value as originally budgeted. (If you spent a lot in the first few months, you've got less to spend in the rest of the year -- or vice versa!). The “Flat to Budget” feature is used for this.

By setting your reference data and checking the 'View Reference Data?' box you will now have a new dropdown feature under 'Line Actions' of 'Flat To Budget'.

This will update the budgeted amounts in unfrozen months so that the total of all months on the budget line equals the corresponding line in the reference data. Budget amounts may be increased or decreased to accomplish this.

Flat to Budget requires a reference line to exist in the reference data to work.

Users with the "Can Summarize Flat to Budget" permission can also choose to select multiple lines and summarize them to apply "Flat to Budget" to a target line.

Please be aware that once 'Flat To Budget' is used it cannot be reversed.