Managing Budgets in Cephai Hub
Managing Budgets in Cephai Hub
Note: This topic relates specifically to Budgets created in Cephai Hub.
The Budget Overview screen is the primary screen used in the budget agent and displays:
A comprehensive budget summary with Expenses, Revenue, and Balance with year-over-year change indicators.
Codes: Expense codes that correspond to the GL Account Number in CINC Accounting.
Item: Expense name that corresponds to the Account Description in CINC Accounting.
(Year) Forecast: Previously forecasted expense amounts.
AI Projected: Projected expense amounts based on the data Cephai analyzes.
(Year) Budget: New budgeted expense amount.
% Change: The percentage change between the previous forecast and new budgeted amounts.
AI Notes: Notes describing Cephai’s expense projection.
To manage your budget:
From the Task Center, click the budget task and then Proceed to Budget.
Review the budget and key insights and recommendations on the right side of the screen. This is a summary provided by Cephai analysis based on your data and the documents you provided.
The AI Notes column will provide insight into Cephai’s budget projection. These notes update if more documents are added.
If needed, click in the Amount column to adjust the values.
Click the arrow next to the expense and edit the monthly values. You will also see the monthly actuals from the previous three budget years.
When done, log into CINC Accounting and Post the finalized Budget from the Accounting > Budgets screen. If you are using universal navigation, click Accounting > Budgets > Budgets.
Adding Additional Document
In the bottom right of the screen, you can click Upload to select new files or drag and drop files for Cephai to analyze and add to the budget, key insights, and recommendations.
Adding General Budget Notes
You can add notes to the budget to assist with communication and organization. These notes are visible to anyone with access to the budget.
Click Add New Note in the General Notes section on the right side of the screen.
Enter your note and click Add Note to save.
Click the edit pencil to update a note.
Click the trash icon to delete a note.
Viewing Historical Data Graph
Cephai produces a graph of Historical Data on the right side of the screen for reference as you build your budget. Click the down or up arrow to expand/collapse.