How does the Budget work?

Before you decide to do business with a Customer, you can see the estimated profitability of the trade by using the Budget feature. It works by pulling in the Customer quantity and pricing from the Sales Order and allowing you to stage anticipated expenses involved in the trade or load. This gives you or your management team an opportunity to make business-critical decisions such as raising the Customer's price, using a different freight company, etc.  

1) Create your Sales Order.

2) Click on the Budget tab.

3) The Quantity and Sales amounts will automatically update from what you entered on the Sales Order

4) To populate the Purchases line, enter an anticipated in the Budgeted Price on the Product/Grade screen of the Sales Order:

5) Under Expenses, you can click +Add Expense to start calculating estimated costs involved with this load, such as freight, marine insurance, warehouse fees, agency fees, etc. This will give you a projected Net Profit. 

6) Use the Budget Notes to write internal notes to your team members regarding the deal.

7) You can print the Budget for review: Reports> Print Budget.

8) When you link this Sales Order to a Worksheet, instead of re-entering the expenses again, you can click + Budget to select which expenses to apply. To edit the prices, click on the line expenses to open it. 

If you have additional questions, please contact the Support Team via email to support@cietrade.net.