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Blogs about Accounting

Accounting Budgeting for IT Budgeting Process Business Budget Planning CFO Challenges Corporate Budget Planning Data Communications Master Data Management Optimizing Business Performance True Sky

Communication is Important Especially In a Budget

Good communication is paramount to collaborating on workbooks. If you want something done a certain way, you need to give your users careful instructions.​ Essentially, think about the spreadsheet from the perspective of your least technical user, and create it for them.​ Some best practices:​  Put instructions on the page. Even…

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Accounting Annual Budgeting Budgeting and Forecasting Budgeting and Forecasting Challenges Business Forecasting Excel for Budgeting Excel Spreadsheets for Budgeting

Free eBook: Design the Right Business Budget Templates for Your Budgeting Process

Do you find yourself spending hours during the budgeting process simply designing the budget? Have you ever received an Excel worksheet you needed to update with your budget information and then found yourself feeling frustrated and confused trying to decipher formulas, keep track of which cell was referring to which…

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Accounting Budgeting Budgeting and Forecasting Budgeting Best Practices Budgeting Process Business Budget Planning Business Budgeting

Finding a Balanced Budget: Too Detailed vs. Not Detailed Enough

A balanced budget can mean several things. It can have the traditional meaning of balancing your expenses and income so that you do not run a deficit. But it can also mean balancing your time and business resources during the budgeting process. Your budget tells a story about your business…

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Accounting Budget Accountability Budgeting Budgeting and Forecasting Budgeting Best Practices Budgeting for IT Budgeting Process Budgeting Software Business Budget Planning Business Budgeting Business Budgets Business Cash Flow Business Forecast Business Forecasting CFO Corporate Budget Planning Corporate Budgeting Corporate Budgeting Software Excel for Budgeting Forecasting and Planning Rolling Forecasts Strategic Budgeting True Sky

Are You Budgeting for the Right Things?

Make Sure Your Strategic Planning and Budget are Aligned Every business needs a budget, right? But how do you know if your budget is right for your business? For most organizations, it is not enough to simply track all of its expenses and revenue. For your business budget (and your…

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Accounting Corporate Performance Management

The Importance of Decision-based Costing

The following article is from guest blogger, Gary Cokins. Managers are increasingly shifting from reacting to after-the-fact reported outcomes to anticipating the future with predictive analysis and proactively making adjustments with better decisions. Despite some advances in the application of new costing techniques such as activity-based costing, are management accountants…

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Accounting Excel Tips

Final Version of an Excel Workbook

So you’ve worked long and hard to complete an Excel workbook. You have gathered input from multiple sources, incorporated changes from high-level management and finally, you have arrived at the final version. Hooray! But wait! Someone in your company missed the deadline on their changes and decided to access the…

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