About Budget

With the Budget module, users can track the personnel budgeting of vessels.

The Budgets feature allows users to set up and update a budget for manning costs. This includes Wages cost, Other Costs, Wage by Rank and includes a Summary screen displaying a summary of the budget.

A budget can be created for active vessels (to track the actual personnel cost against the budgeted cost) as well as for non-active vessels (in situations of a proposed vessel or for marketing purposes).

The Budget Comparison feature is also available for users to make a comparison between two different budgets.

The Fleet Budget Comparison feature enables users to make a comparison between the budgeted amount and the actual cost of an Operating Budget within a range of account periods.

 

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