How Budgets and Projections in Etendo Boost Profitability and Financial Control?

Budgets (Projections) in Etendo are a key functionality within the financial module that enables users to create, manage, and analyze financial objectives — for both income and expenses — within a fully integrated accounting environment.

For example, you can set a budget of €40,000 for salaries or $500 for Internet services for a given month. At the end of the period, Etendo compares the actual values with the budgeted ones, automatically displaying differences or deviations in clear and detailed reports.

Benefits of Budgets in Etendo

Comprehensive Financial Control

Etendo allows you to compare budgets with real data, visually displaying deviations.
This helps identify overspending or underperformance, driving a more efficient and strategically aligned financial management.

Complete and Up-to-Date Accounting Analysis

Etendo reports include both accounting entries and manual entries (G/L Items), ensuring a global and accurate view of financial performance.
This allows financial managers to make data-driven decisions, avoiding guesswork and reducing error margins.

Detailed and Flexible Planning

Each budget line can be linked to a specific accounting period and accounting account, allowing for a precise analysis of income and expenses.

Additionally, Etendo allows the use of accounting dimensions such as Product, Project, Business Partner, or Cost Center to obtain a strategic and filtered view of financial performance across different areas of the organization.

Operational Efficiency with Practical Tools

Etendo simplifies the creation and maintenance of budgets with time-saving features:

• Export Budgets to Excel: Generate reports ready for analysis or presentations.
  
  
• Copy Budget: Reuse existing structures for new periods or fiscal years.
  
  

Learn more in the official Etendo documentation: Budget

Business Impact: Turning Data into Strategy

With Budgets in Etendo, companies can align planning with actual performance, achieving a more solid, transparent, and profitable financial management.

This functionality not only improves internal control but also enhances strategic decision-making, allowing businesses to anticipate future scenarios with reliable and current information.

Conclusion

Budgets in Etendo have become an essential tool for companies seeking to maximize profitability and maintain strict financial control.

By combining planning, analysis, and accounting execution within a single environment, Etendo provides a solution that transforms how organizations manage their resources.

Frequently Asked Questions (FAQ)

What is the difference between a budget and projections in Etendo?

A budget defines financial goals, while projections evaluate how those values evolve in reality, allowing adjustments in real time.

Can I analyze my budget by project or product?

Yes. Etendo allows you to filter Budgets by accounting dimensions such as product, business partner, or cost center.

Can I export my budget to Excel?

Yes. Using the Export Budget to Excel option, you can obtain a complete report with both budgeted and actual values — ideal for financial reporting.

What do I need to use this functionality?

Budgets and Projections are part of Etendo’s Financial Extensions Bundle, available from Etendo 23 onwards via the Etendo Marketplace.

What advantages does Etendo offer over other ERPs?

Etendo delivers flexibility, traceability, and in-depth analysis, combining ease of use with advanced financial capabilities.