Capital Income refers to income generated by an asset over time. In Education Budgets, you can enter any Capital Income and Expenditure.
How to access the Capital section
Your Capital section will be at the scenario level.
Once you have created a scenario you will be able to access each section of it:
Click the Scenario you have created.
On the left hand side of your menu, click Budget Planning.
Click Capital.
Add and Edit Information
Once you have accessed the Capital section, you can start adding and editing your budget lines.
Add new lines
Click the plus icon on the left hand-side of your page.
From the drop-down, select the section that your budget line will refer to.
Click each cell, to add information, such as description, account coding, value etc.
Click Save.
Add and edit Inflation
Click the pencil
icon, under the Details column of your budget line.A new screen will show, enter the inflation value that will be applied for the next years.
📌Note: You can also add notes to describe any differences or assumptions assumed for this line.
Click Submit, then click Save.
Edit existing budget lines
Click the cell pertaining to the area you want to edit (name, figures, account coding).
Edit the values.
Click Save.
Change the view of the information
Initially, the information is grouped into different sections, but it can be expanded and show a breakdown associated with the income line.
To change the view, click Select an Option drop-down menu to see the options:
Remove Zero Values: If any income lines have zero values, you can delete them.
Expand All: Expand all the groups to show detailed information.
Collapse All: Collapse all the groups to show minimal information.
Monthly profile
In the monthly profile view tab you can change the profile type to suit the income stream.
To do that:
Click the Monthly Profile View tab.
Click the drop-down menu under the Profile column.
Select one of the profile templates that have been set-up.
Once selected, it will save automatically and show the changes reflected as per the selection.
📌Note: By default the profile is set to Equal Twelfths.