Prospero Budgeting is important in determining your organization's operations into the upcoming year or even next several years. Input options include built-in templates for Human Resources and Capital Assets. Review budget data with easy and dynamic reporting and analysis of budget data as soon as budget managers click the save icon. 

➕Easy Input

Balance input is simple at the account-level input. Data entry keyboard shortcut options allow for the quick copy/pasting of balances. Plus, there are options for adding budget entry notes as well as Line-Item Details which allow for breakdown of account balances into specific entries. 

➕Input Templates for Human Resources

Existing employee data may be imported into Prospero's Human Resource Input Templates and used to budget for wages, taxes and benefits at the individual or position level. Prospero allows for budgeting of salaried and hourly employees, full or part-time employees and includes calculations for multiple pay changes, overtime, commissions, profit-sharing, bonus payments, federal, state and local taxes, medical insurance premiums and other employee benefits. 

➕Input Templates for Capital Items

Capital items may be added on Prospero's Capital Input Templates with details for purchase dates, asset types, item count and depreciation start dates. Asset costs are posted to related cost accounts and depreciation is projected and posted to related depreciation accounts. 

➕History Tracks All Changes

As budget users go through the budget process and make changes to their budget balances, all changes are tracked in Prospero's Budget History. Prospero records the username/ID that made the changes, change amounts and dates and times of changes. History may be referenced to verify who made what changes and when they made the changes - all imperative information in resolving any budget discrepancies, especially during the review process. 

➕Instant Consolidation for Budget Reporting

Balances are instantly consolidated when saved and available for consolidated reporting with comparison against actuals, prior budgets, prior forecasts and any other dataset stored in the SQL database. 

Discuss these budgeting features during your personal demonstration:

• Line Item Detail Input

• Annotations\Notes

• Built-in templates for Human Resource Budgeting

• Built-in template for Capital Asset Budgeting

• Multiple Input Definitions to separate tasks such as expense budgeting and revenue budgeting

• Copy Plan Wizard to copy data to forecast versions

• Import Excel data such as statistics

• Instant Consolidation of budget data

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