Group Class budgets let you build targeted financial plans for a specific segment of the group (for example: US region, Sales department, Product A). Use them when you need ownership, accountability, and reporting by a business dimension while still keeping consolidation alignment.
Steps to create a Group Class budget
Open the Budget interface
Go to Group Financial Planning → Group Budget.
Start a new budget
Click Add Budget to open the budget creation modal.
Enter core details
Budget Name: use a clear naming convention (examples below).
Group: select the reporting Group that contains the entities for this budget.
GRT (Group Reporting Template): choose the template that defines the account structure for the budget.
Set timing & format
Budget Year: the financial year for the plan.
Budget Period: select Monthly, Quarterly, Semi-Annual, or Annual.
Amount Format: choose display only (Actual, K, M, B).
Enable Group Class
Toggle Group Class budgeting on.
Select the specific Group Class (one at a time): e.g.,
US, UK, Sales, R&D, or Product-Line-A.
The chosen Group Class determines which entities and tracked data are included.
Tip: Group Class budgets are focused - pick the class that matches who will own/approve the budget.
Optional: advanced options
Merge Budgets: combine existing budgets into this structure if needed.
Group Class segmentation: use when you need multiple parallel plans (one per region/department).
Create the budget
Click Add to create the Group Class budget (or Cancel to exit).
Enter and adjust amounts
Open the budget to view the GRT account grid and periods.
Enter amounts per line and period. Use replication tools to copy values across months/periods.
Switch period views (monthly ↔ quarterly) to confirm aggregation or even spread.
Save changes when finished.
Manage budgets
From the main list you can Edit, Copy, Delete, or open Budgets vs Actuals for variance review.
Examples & Quick Conventions
Examples & Quick Conventions
Naming examples
2025 US Operations Budget
Q1 2025 - UK Marketing Plan
Product A - 2025 Annual Budget
When to use which period
Monthly: detailed operational control and forecasting.
Quarterly: management reporting and high-level planning.
Annual: strategic, high-level planning.
Group Class use cases
Regional planning (country/region budgets).
Departmental budgets (Sales, Marketing, Ops).
Product or project budgets (product lines, capital projects).
Note: Standardize naming and cadence across your organisation so reporting and comparisons are consistent.
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