Budget Management
| Lines of Code | 2033 |
| Technical name | to_account_budget |
| License | OPL-1 |
| Website | https://viindoo.com/apps/modules/17.0/to_account_budget |
| Read description for | v 12.0 v 13.0 v 14.0 v 15.0 v 16.0 v 18.0 |
| Required Apps | Invoicing (account) Discuss (mail) |
| Extensions | Estimate Budget Project Budget Management Account Budget Management - HR Timesheet |
Budgets against actuals, by budgetary position and analytic account
Budgets with a lifecycle, budget lines per budgetary position and analytic account across every analytic plan, and planned, practical and theoretical amounts computed from journal and analytic items.
Budget Management (technical name to_account_budget) is an Odoo 17.0 app for Odoo Community and Odoo Enterprise and Viindoo Cloud, built for controller, department head, accountant, management.
At a Glance
The facts of Budget Management, version 1.1, in one place. Published by Viindoo.
How It Works
Define positions, create a budget with lines, confirm, then read the analysis.
A budget
Lines per position and analytic account, with planned and practical amounts.
The budgets
Optimistic, pessimistic, project - each in its state.
The analysis
Planned against practical, sliced any way.
The positions
Which accounts and products each budget line watches.
What You Get
Budgetary Positions: accounts plus product list, category or tag
Budgets with period, responsible and a Draft / Confirmed / Validated / Done / Cancelled lifecycle
Budget lines per position and analytic account, one column per analytic plan
Planned, practical and theoretical amounts, with achievement percentages
Posted-items-only switch per budget
Budgets Analysis pivot and budget lines from the analytic account
More Screens
Everything below was taken on a database seeded with real business data, on this series - not a mock-up and not a screenshot from an older version.
Budgetary Positions
What This App Does Not Do
Read this before you buy. Everything below is something the app deliberately leaves to another app or to you.
Over-budget is a number, not a stop.
A line must have at least one of the two.
Seasonality is not modelled.
Account Budget - HR Timesheet adds it.
Works Well With
Apps from the same stack, built to fit this one:
Accounting Report Flag
Keep management entries out of legal reports.
to_accounting_entry_report_flagWho Should Use Budget Management?
Controller
Builds the budget and reads variance monthly.
Department head
Sees spend against plan on their analytic account.
Accountant
Posts as usual; the budget reads the items.
Management
Approves budgets and reads achievement.
Frequently Asked Questions
What does Budget Management do?
Budgets with a lifecycle, budget lines per budgetary position and analytic account across every analytic plan, and planned, practical and theoretical amounts computed from journal and analytic items.
What does Budget Management not do?
It measures; it does not block spending. Over-budget is a number, not a stop. Practical amounts need analytic accounts or budgetary positions on the items. A line must have at least one of the two. Theoretical amount is a straight-line pro-rata. Seasonality is not modelled. Timesheet cost needs the companion. Account Budget - HR Timesheet adds it.
Who is Budget Management for?
Controller: Builds the budget and reads variance monthly. Department head: Sees spend against plan on their analytic account. Accountant: Posts as usual; the budget reads the items. Management: Approves budgets and reads achievement.
Which Odoo version and editions does it support?
Odoo 17.0 - Odoo Community, Odoo Enterprise, Viindoo Cloud. Upgrades to a newer Odoo series are a separate purchase for that series.
What does it depend on?
It installs on top of: account. Odoo installs them with it.
How do I set it up?
Define positions, create a budget with lines, confirm, then read the analysis.
What works well with it?
Budget - HR Timesheet (to_account_budget_hr_timesheet): Timesheet cost in the budget. Accounting reports (viin_account_reports): The statements next to the budget. Accounting Report Flag (to_accounting_entry_report_flag): Keep management entries out of legal reports.
Can I try it before buying?
Yes - the Live Preview button at the top of this page opens the module's own screen on a working database.
How do I get support?
Write to apps.support@viindoo.com with your Odoo version and the technical name to_account_budget; pre-sales questions go to sales@viindoo.com.
See Budget Management in Action
Live demo: v17demo-int.viindoo.com/web#action=to_account_budget.act_crossovered_budget_view
Need help with Budget Management?
For questions, implementation support or a custom feature, contact Viindoo.
Pre-Sales & Partnership
sales@viindoo.comUpgrades to a newer Odoo series are a separate purchase for that series.
All Viindoo apps: apps.odoo.com/apps/modules/browse?author=Viindoo
Technical Requirement
Changes log
1.1 - Latest on the 17.0 line
- Aligned with the 17.0 models and views.
Installation
- Navigate to Apps.
- Search with keyword to_account_budget.
- Press Install.
Note:
- The Invoicing app will be automatically installed together with the to_account_budget module.
- To see all the features, you need to install the Accounting & Finance app.
Instructions
Example
Manage expenses budget for November 2022:
- Administrative Expenses: 250.000.000 VND;
- Selling Expenses: 150.000.000 VND.
Steps to follow
Step 1: Create a budgetary position.
Step 2: Create an analytic account.
Navigate to Accounting > Configuration > Analytic Accounts to create a new analytic account.
Step 3: Create a budget, then confirm and approve it.
Step 4: Create and confirm the vendor bill.
Navigate to Accounting > Vendor > Vendor Bills to create and confirm a vendor bill.
Step 5: Check the current expense usage.
Go to Budgets > Budgets, and select the budget that you want to review.
Check the generated journal entries on the Actual Amount column on the Budget Lines tab.
Note: On Budgets app, on the Budget Lines tab, the Paid Date will affect the automatic computation of the Theoretical Amount column.
If the Paid Date is after the current date then the Theoretical Amount is set to 0.
If the Paid Date is before the current date then the Theoretical Amount is equal to the Theoretical Amount.
If the Paid Date is left empty then the Theoretical Amount is calculated by the following formula:
(Days from the budget start date to the current date x Planned Amount) / Number of days in this budget period
Step 6: Check the current usage of all running budgets to the current date (15/11/2022).
Navigate to Budgets > Budgets Analysis. From here, you can use the filter and grouping tool and view the data in different views (list, pivot, graph view).
This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file).
You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one).
It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software.
The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software.
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.