Setting up Budgeting and Forecasting in SIMS

Setting up Budgets and/or Forecasting

To set up Budgets or Forecasting for your SIMS:

  1. Go to Company Maintenance > Others.

  2. Decide which field (group, category, department) to use on the Y-Axis of the Stock Budgets matrix.

Budget Style (checking about its usage)


Y axis items to exclude


Locations to exclude


Budget List


The factor will be used as a ratio

Eg. In case of stock group 005, the locations 01 and 02 have a ratio of 2:3

Stock Budgets

This form will enable the user to view the stock budgets matrix


Reporting

When highlighting a purchase from the audit trail, the system will allow user to print stock budgets report.


    • Related Articles

    • Can I set nominal account budgets in SFM?

      Nominal account budgets can be imported in SFM through a template (attached). The budget amounts are entered per period/ per nominal account. Below are some points to note when entering the budgets in the template: 1. The budget amount has to always ...

    • How to set up the cloud hosting services for SBS on your PC

      Before proceeding with this setup, you will need to have a username and password for the cloud service. These login credentials are provided to you by the Shireburn team. These credentials are used only once during the installation and first-time ...

    • Monitor changes reflected on SFM & Setup

      The Audit Log allows you to trace any changes being done via SFM. Go to Administration > Audit Log Setup. Select which category you want the system to start monitoring. (Note: the more you select the more hard disk space is required as this will ...

    • How to print a Management Profit and Loss Report

      To create a Management Profit and Loss report in SFM: Go to Current Year or Previous Year > Nominal > Chart of Accounts Reports > Management Reports, and click on the report type required. Once you have chosen your report type, a printer window will ...

    • Setting date and time restrictions in POS

      To limit the users from modifying the system date/time, the following steps need to be carried out on the POS machine: Go to Start > Run. Type in gpedit.msc and press Enter. Navigate to Computer Configuration > Windows Settings > Security Settings > ...