Organizations create budgets for a variety of reasons. The bank might require a budget prior to lending money, your board of directors may require a budget to ensure your planning on spending money in alignment with your purpose, or you may want a budget to make sure you will have the resources needed to accomplish your purpose.
In this webinar we show you:
- Tips and tricks for creating a meaningful budget
- How to update the budget as circumstances change during the year (sometimes called a rolling forecast)
- How to report on variances to budget.
As the majority of budgets are created using spreadsheets (Microsoft Excel, Google Sheets, etc.), we begin by showing you how to use spreadsheets to create and update your budget. Once your budget has been created, we show you how you can use Aplos to manage your progress toward accomplishing your purpose.