Create an Annual Budget

To Create an Annual Budget: Navigate to Budget from the Home page. Click Create from the left-side menu. Enter the Budget Year. Click on the short-name of a Fund.  Enter the Yearly Budget for each line item in the Fund.  CommunitySuite will divide the amount listed within each line item by 12 to create a monthly budget.  Click Update....

Budget Overview*

Use Budget to enter your foundation's annual budget. When utilized, this feature will help you create budget reports to track your goals.  Budget totals are based on your financial year.  In order to create a budget, each Fund that is included will need the "Budget" checkbox selected. Here is an example of a budget for an Operations Fund (SD-OP) bud...

Using Budget for Reporting*

After creating an Annual budget, your Financial reports can show your Budget estimates against your actuals. From the Home page go to Financials, under the Core column Choose Income Statement Select a date range or edit the dates you wish to see the Statement of Activities for From the upper right side drop down list choose budget to see all funds a...

Planning a Budget with Data from the Prior Year*

If you have created a budget before in CommunitySuite, the system will show you the prior year's budget for reference while you create your new budget. NOTE: If you do not see a Fund that needs to be in your Budget then you need to go back to the Fund and check the Budget check box.  Conversely, if you have Funds in your Budget that do not need budg...

Copy a Year-Over-Year Budget

Select Budget from the Home page. Select a previous budget Year. Select Copy. Enter the budget Year. Click Copy. Click on the short-name of a fund. Edit the Yearly Budget for each line item in the Fund. CommunitySuite will divide the amount listed within each line item by 12 to create a monthly budget. Click Update....