Budgeting and forecasting

AMT’s Budgeting and Forecasting module provides the ability to create and save numerous accounting style budgets. These budgets can be based on existing equipment, future equipment (modelling equipment) and overhead projections.

The budgeting process depends on the initial strategy being set and maintained in AMT. Budgets are then created, maintained, finalised and exported to external systems, for example XERAS Enterprise, from the Budgeting and Forecasting module.

The budgeting process is different to creating archives or alternates in AMT. Key differences include:

• Budgets carry summary information (unlike the archives or alternates, which carry details of each strategy task).
• Budgets can be edited before they are finalised.
• Editing the budgets is flexible, and you can copy data to and from spreadsheets.
• Numerous versions can be created and used to compare to one another.
• The recalculation process is simplified within budgeting as all the main recalculations have already taken place within the strategy optimisation area of AMT.

The budgeting area of AMT can be accessed from Budget and Forecast Manager.

Before creating a budget, it is important to validate the source data to ensure the live AMT forecasts are accurate. To do this, perform the AMT Health Check process.