Polaris Business Solutions

Tracking Project Budget Overruns in Acumatica

Beginning with Acumatica ERP 2019 R2, the system will check as users are entering documents against the cost budget of a project, taking into account what is remaining on the budget and warn users of the situation. A new inquiry screen is also available to review all the overruns.

[...]

You Should Not Rely on Spreadsheets for Cash Flow Forecasts

Finance executives and professionals must rely on purpose-designed planning, budgeting and analysis software solutions that will deliver complete and accurate forecasted financial statements for all budgeted period. Use of spreadsheets or pure guessing of anticipated future results can never deliver this level of completeness and accuracy and any cash flow projections done in this manner will be a gross estimate that should not be relied on.

[...]