How do you round to the nearest whole number? Sometimes as accountants, we become so dependent on our pre-built budgeting templates, that we forget how to use Excel from scratch. So we’re getting back to basics with Excel- the tool we all love and hate. Today, we’re looking at rounding…

We’re getting back to basics with Excel- the tool we all love and hate. Over the next few weeks, I’ll be posting different Microsoft Excel tips and tricks that will hopefully make your life easier. How do I quickly sum up a row of numbers? 1. Select the cell where…

In our first post in the Detail Budgeting series, we noted that a common issue among budgeters was an inability, in traditional budgeting systems, to enter enough explanatory detail.  True Sky, Planning, Budgeting and Forecasting, provides a number of solutions to this issue. This post will examine the Standard Data…

There are many challenges that face Budget or Forecast system implementers, but one of the biggest challenges is acceptance by the end-user (those that actually enter the budgeting numbers).  The budgeting process itself is often viewed as an onerous part of the role of managers or administrators. No matter what…

In our first post in the Detail Budgeting series, we noted that a common issue among budgeters was an inability, in traditional budgeting systems, to enter enough explanatory detail.  True Sky, Planning, Budgeting and Forecasting, provides a number of solutions to this issue, including how Line Item Detail can be used…

Remembering the basic philosophy of True Sky as Budget in Excel; Manage in SharePoint; Store in SQL Server, let’s walk through the basic process of Budgeting and Forecasting in this tool. Input numbers in Excel   First, a budgeting template is designed in Excel. A template is a multi-use document…

This is our first post to this blog – a blog dedicated to the True Sky Planning, Budgeting and Forecasting solution.  We hope to use this forum to promote learning, sharing and discussions about True Sky.  We will offer tips and tricks, how-to’s and provide a place for friendly discourse…