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How to Manage Group Budgets

Updated: August 19, 2025

Updated over a month ago

This guide covers the essentials of creating and managing Group Budgets in GATHER.


1) Setup Checklist

To build budgets, you’ll need:

  • A Group and a Group Reporting Template (GRT).

  • A defined Budget Year and Budget Period (monthly, quarterly, semi-annual, or annual).

2) Accessing the Budget Interface

  • Go to Group Financial Planning → Group Budget.

  • The page lists all budgets with details such as:

    • Name

    • Group

    • GRT

    • Group Class

    • Budget Year

    • Budget Period

  • Actions available: Edit, Copy, Delete.

  • If no budgets exist, you’ll see:

    • “No budget entries available at this time.”

3) Creating a Budget

  • Click Add Budget.

  • Enter the essentials:

    • Budget Name (e.g., “2025 Annual Budget”).

    • Group (entities included).

    • GRT (defines the account structure).

  • Set parameters:

    • Budget Year.

    • Budget Period: Monthly, Quarterly, Semi-Annual, or Annual.

    • Amount Format: Full, or display in K / M / B.

  • (Optional) Adjust advanced settings:

    • Group Class toggle – segment budgets by class (e.g., region, department).

    • Merge Budgets – combine existing structures.

  • Click Add to create or Cancel to discard.

4) Managing Budgets

From the main budget list, you can:

  • Edit – open and update values.

  • Copy – duplicate for a new year or scenario.

  • Delete – remove entirely.

  • Budget vs Actuals – run a variance report.


Need help? Visit gather.nexus, click the chat icon in the bottom-right corner, or email us at [email protected] for assistance.

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