Setting up and tracking multiple organizational budgets

Josh Steffen
Josh Steffen
Third Anniversary Name Dropper Facilitator 1
in Blackbaud Financial Edge NXT® General Discussions

How are others using FENXT to manage separate annual organizational budgets: operating vs. capital vs. special projects?

Comments

  • Kevin Brazell
    Kevin Brazell Blackbaud Employee
    Tenth Anniversary Kudos 5 First Reply Name Dropper

    @Josh Steffen
    FE lets you have multiple budget scenarios in a single Fiscal Year. Just each scenario name, IE, capital, etc can only be used one time per year. So if you needed others, just make a new scenario name, capital 1, capital 2, dept 1, dept 2. Then you can use these on reports, particularly the financial statements as you can set up different columns, and even combine them into a single column if desired.

  • Josh Steffen
    Josh Steffen
    Third Anniversary Name Dropper Facilitator 1

    @Kevin Brazell

    Thanks for that tip. Am I correct that I combine the scenarios in the report>Column Edit>Insert Variables where I can insert as many budget scenarios to that column as I would like?

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