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AMB ™ "Standard" budgeting capability is currently included with the product. This unique budgeting tool is based on months, not years, and any number of months can be budgeted. This approach allows the product to produce "Rolling" P&L's" for any period of time, not just the current accounting year.
AMB ™ also provides the "Advanced Budgeting Module" to allow users to establish multiple budget scenarios within the software. Each of these budget scenarios can then be easily compared to actual or to each other.
Adding to this unique budgeting capability is AMB™ ability to track budget entries as transactions so that the various changes made to the budget can easily be displayed.
With version 6.0 of the software, AMB ™ provides the capability to enter anticipated loan volume by type of loan and by branch. This is an essential element of AMB's ability to now incorporate loan volume statistics within the P&L. The Budgeted loan volume and the actual loan volume by month and year to date can be displayed on the report and used to calculate a “Basis Point” calculation for each income and expense line.
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