This Excel template can be used for planning, tracking, and reporting HR budgets throughout a fiscal year. It helps HR professionals monitor planned and actual expenditures while supporting accurate budget management and financial reporting.
Included in this resource:
- Instructions for creating a new budget tracker for each fiscal year
- Customizable budget sections and budget line items
- Fiscal year configuration using a selectable start month with automatic population of subsequent months
- Tracking fields for planned and actual monthly expenditure across the fiscal year
- Section for recording budget and actual spend from the previous fiscal year
- Guidance for changing the workbook currency to match organizational requirements
