WISDM and Other Budget Resources
WISDM
Account Tracking Spreadsheets - Why use them?
- To make notes(i.e. “transfer expense to John’s grant account when posted”)
- To input revenue and expenses when they occur/are promised, know actual balance at any point in time
- To input estimates, know how much is left to spend (especially close to year end)
Sample Account Tracking Spreadsheet (Use tabs to see different samples and templates)
- Simple vertical, use for grants or other low volume accounts
- Cross tab, use for department accounts (detailed and summarized versions)
- Small cross tab, use for undergrad research accounts
Business Processes