{"id":1107,"date":"2017-08-14T19:09:19","date_gmt":"2017-08-14T19:09:19","guid":{"rendered":"https:\/\/www.aiminsight.com\/?p=1107"},"modified":"2021-02-17T12:57:14","modified_gmt":"2021-02-17T20:57:14","slug":"difficulty-forecasting-budgeting","status":"publish","type":"post","link":"https:\/\/www.aiminsight.com\/blog\/uncategorized\/difficulty-forecasting-budgeting\/","title":{"rendered":"Difficulty Forecasting and Budgeting"},"content":{"rendered":"<ul>\n<li>You are not able to see financial data from prior years.<\/li>\n<li>Unknown how you do it today.<\/li>\n<li>Files aren\u2019t archived.<\/li>\n<li>It takes long.<\/li>\n<li>Unknown what happens if you can\u2019t get the data.<\/li>\n<li>It is difficult to see cash position and cash flow.<\/li>\n<li>Unknown how you are doing it today.<\/li>\n<li>With no drill down capabilities.<\/li>\n<li>You need to add up current and projected financials manually.<\/li>\n<li>Unknown how long that takes.<\/li>\n<li>Unknown accuracy.<\/li>\n<li>It is difficult to track and compare budgets.<\/li>\n<li>Unknown how you are doing it.<\/li>\n<li>You need to manually compare printed budgets.<\/li>\n<li>Cannot view them on line<\/li>\n<li>Unknown how accurate you think your comparisons are.<\/li>\n<li>Reporting is cumbersome.<\/li>\n<li>Do need to export information to excel to run queries.<\/li>\n<li>Cannot see summary data.<\/li>\n<li>Cannot drill down on detail.<\/li>\n<li>Reporting is cumbersome.<\/li>\n<li>You need to run multiple reports and compare information.<\/li>\n<li>Cannot drill down on detail.<\/li>\n<li>Cannot track entries.Cannot get records of past reconciliations.<\/li>\n<li>Unknown impact.<\/li>\n<li>You have to re-key information for fixed assets acquired via a purchase order or vendor invoice.<\/li>\n<li>Cannot support multiple depreciation methods.<\/li>\n<li>You forget to create new asset records and therefore miss out of tax deductions due to misplaced assets.<\/li>\n<li>There is risk of potential theft if the company has no record of the asset and therefore they might not miss it.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>You are not able to see financial data from prior years. Unknown how you do it today. Files aren\u2019t archived. It takes long. Unknown what happens if you can\u2019t get the data. It is difficult to see cash&#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1107","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/comments?post=1107"}],"version-history":[{"count":1,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1107\/revisions"}],"predecessor-version":[{"id":1109,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/posts\/1107\/revisions\/1109"}],"wp:attachment":[{"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/media?parent=1107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/categories?post=1107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aiminsight.com\/blog\/wp-json\/wp\/v2\/tags?post=1107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}