How do budgets work for consolidated groups?
Fathom calculates a consolidated group’s budget automatically by combining the budgets of the underlying companies in the group.
Therefore, a budget cannot be imported at the group level. Instead, budgets should be imported at the company level so that they roll up to the group level into one consolidated budget.
Set up a consolidated group’s budget
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The underlying budget totals will be automatically consolidated, and you can then track, analyse, and report against your budgeted figures within the group.
For more details on where budgets can be utilised in Fathom, view our Import and Use Budgets article.
I already have a group budget; how can I add this to Fathom?
If you have a group budget that you would like to apply directly to a consolidated group, you can import it as the budget for one of the underlying companies within the consolidated group. As long as the other companies in the group don’t have a budget, the imported budget will flow through to the group level unchanged.
Check a consolidated group’s data
If you are unsure what data is included in a consolidated group, you can navigate to the Source Data section of group Settings. Here, you can see the date range of a group’s financials, budget, and any non-financial data.
To view a detailed breakdown of the underlying companies in a group and which ones have a budget imported, you can view the Group Summary Audit report. This Excel report includes:
The companies included in the group
The date range of each company’s financials
The date range of each company’s budget (for companies that have a budget imported)
The date range of each company’s non-financial data (for companies that have non-financial data imported)
To download the Group Summary Audit:
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