The estimates of costs and revenues in the electronic budgeting bb workspace

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estimates - a fairly common term that is found in many different spheres of human life, and therefore, even in the economic sphere has multiple contexts.In the most general form of the estimates of expenditure and income is a payment, documented financial plan, on the basis of which an entity manages the capital of the enterprise or company.In addition, estimates of expenditure and income is a necessary tool for monitoring spending of financial resources.Estimates may be prepared to finance the project as a whole and for the production of some works that represent individual links or stages of the production process.

Typically, the formation of budget is the main document of the core budget of the enterprise or company, so often in the economic literature and practice budgeting process is called budgeting.In this sense, estimates of costs and revenues in detail an operational reflects the economic activity of enterprises, companies or individual entrepreneurs.At the same time it shows how efficiently work is under way to cover the costs of production activities income which an entity receives after selling their products.

In preparing this document, you must accurately define and specify limits for all main budget lines (articles) income and expenses correctly identify the sources of reserves and savings, taking into account these indicators to optimize the budget parameters with the value of tax deductions and execute even quite largelist of procedures for calculating and analyzing.Of course, this work is quite labor intensive, requires a significant investment of staff time and repeated checks in the "manual" method of budgeting.Given that the ultimate goal of the work on the budget is to use it to predict the performance of the main economic parameters of the enterprise - the value of products, the quantities of different types of income, it is easy to imagine how costly and routine can be the work.The modern model of economic development involves a broad introduction to management of the enterprises and organizations of information management systems.One of these resources is quite sought after electronic budgeting system.Currently there are several projects from different companies that help efficiently, quickly and accurately calculate the most complex projects and cost models, as well as simultaneously producing a set of procedures to support these projects.Consider some of them.

budgeting system bb budget and bb workspace are online resources that enable records of income and expenses of the enterprise.This software is easy to use and visually displays all areas and articles of the budget plan.This resource allows virtually online to make changes to the plan, making operational control.The program interface is a directory tree that displays all current expenditure and revenue from the display of the actual performance at a given time.In terms directly in all financial indicators of the plan to make any estimates using this resource is not particularly difficult, not to mention the purely technical nuances of this work.The advantages of this system are also in the fact that an accountant or other person in charge of using the resources of the private office of the program can maintain complete control over the order and payment.The administration of these programs as close as possible to the paper-based workflow, and therefore will not cause difficulties when transferring employees to work in an electronic environment.It is very convenient, for example, in cases where the need to maintain records of income and expenses FE, as the system requires absolutely minimal action by the administrator.

In order to create such a document, as the estimates of costs and revenues, budgeting system bb workspace includes organizational, methodological subsystems and automated information system to support planning, monitoring implementation of the budget.It allows you to present information in excel-format.

The data is then processed by a generator SQL-reports «bb report», which, in fact, is in finished form, all data on the planned and actual spending.