Strategic Consulting Solutions, Inc.


Budgeting in a Total Project Accounting World

General Ledger (GL) Budgets are Important


GL budgeting?? Oh, that thing we all know we SHOULD do?

What exactly is a GL budget? A budget is what the organization believes and agrees is achievable. There should
be an action plan in place to achieve the budget. It is a target which the organization sets for itself and becomes management’s commitment to action. It’s also the tool that provides insight into the company’s financial performance, from both an organizational and project level.

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Budgeting in a Total Project Accounting World

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