Eventify has introduced a brand new feature Budget Planner for event organizers. This is designed to streamline budget management, allowing them to track expenses, compare estimated costs with actual spending added manually by the admin, and maintain financial control throughout the event planning process.
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The Budget Dashboard provides a comprehensive overview of all budget activities in one central location. Users can view the Estimated Budget, Actual Cost as entered by the admin, and Difference between the two, making it easy to see if they are on track or overspending.
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The Budget Plan provides event organizers with a structured way to estimate and organize expenses for their events.
The Expense Estimate tab allows users to input estimated costs for various categories and subcategories related to event expenses. This helps organizers plan their budget in advance and allocate funds accordingly. Users can click on + Add New Row to include additional line items or subcategories or select from the dropdown items such as Venue Rental, Equipment Rental, Food & Beverages, Miscellaneous, etc. specifying estimated costs for each.
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In the Transactions tab, All Transaction record enables you to view and manage all your budget transactions- all at one place. Here you get your total estimated expense and the actual expense of your event added by the admin along with the difference. The difference in amount is highlighted in green if the actual expense is less than the estimated expense and red if the case is vice versa.
In case anything misses out, you can add new transactions with category, sub-category and amount.
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You can also view the Transaction by category where you can view the difference between estimated expenses and actual expense for each category. You can edit or delete your transactions.
You can also search transactions by category, subcategory, date range, etc. Also you can export the transaction details.
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