How Budgets Work
Budgets can be configured for:
Catering budgets by Revenue Category (for example, Catering Revenue)
Group budgets by Market Segment (for example, Groups)
Once configured, budgets are used in the following reports:
Setting a Budget
Navigate to Settings.
Select Organization.
Click Budgets.
Choose the budget type:
Catering
Groups
Select the desired year.
Enter or update the monthly budget amounts.
Click Save Budget.
Reporting on Budgets
Navigate to Reports.
Open one of the following reports:
Catering Pace
Group Pace
Adjust report filters as needed.
Click Export As.
Select your preferred format to view or export the report.
The report compares:
Actual performance
Budgeted performance
Previous year's performance
This allows you to quickly assess whether your business is on track to meet its goals.
Important Considerations
Budgets can currently only be configured on a calendar-year basis (January–December).
Each Revenue Category appears as a separate line item in the Catering Pace Report.
Changes to budgets are reflected in Pace Reports immediately after saving.