Budgeting Management provides effective planning, visibility and monitoring control over receipts and payments with transparency, accuracy in real time. Budgeting is an important planning and forecasting process for managing funds, balancing expenses and revenue. Budgeting is the main component / function in an organization that is concerned with the raising and allocation of resources within that organization in order to attain its goals. The set of features includes budget/resources allocation and utilization of funds efficiently and prudently.
IEMS projects educational income according to the seating capacity and strength of students. Maintains budget register for salary and non-salary expenses.