Budgeting System

TABS - Features at a Glance:

• Intuitive and easy to use interface with subject matter help.
• Ability to create and manage all drop-down lists and formulas including:
• Pay rates, raises, bonuses, commissions & benefit costs
• Contract labor parameters including hourly costs and length of engagement.
• Tax rates, freight rates, shipping locations, depreciation schedules
• Employee lists and information by cost center
• Employee lists and information by cost center
• Corporate tax rates and currency exchange factors
• Ability to import general ledger, cost center and vendor listings.
• Manage user information including access levels and sign-off authority for budget and purchase requisition approval authority
• Ability to establish up to 5 levels of line item categorization and tie each category to General Ledger codes.
• Create configured bundles of line items for standard or repetitive purchases.
• Separate administration of operating and capital budget values and categories.
  • Capital: Unit Revenue, Fixed and Variable Costs, Depreciation, Income Taxes.
  • Operating: Revenue, Cost of Goods, Gross Margin, Expenses, Gross Profit, Income Taxes, Gross Profit.
• Ability to change budget approval structure at any time without losing any budget information and maintain proper approval status.
  • Ability to approve budget links (assigning budget dollars between budgets).
• Project management, tracking and assigning project numbers.
• Create detailed instructions for users in completing their budgets
• Ability to manage approvals for budgets, purchase requisitions and new hires
• Administrative Messaging and Email within budget.