Everyone faces the problem of budget planning, whether we call it by that name or some other. Jesus asked,
Luke 14:28 For which of you, intending to build a tower, sitteth not down first, and counteth the cost, whether he have [sufficient] to finish [it]? 29 Lest haply, after he hath laid the foundation, and is not able to finish [it], all that behold [it] begin to mock him, …
Maybe we’re not building a tower, but going grocery shopping. We make a list of things to buy, and estimate how much they will cost. Then we check to see if we have enough money. If we don’t, the grocery list must change. That is budget planning.
The AMSCOT LLP Budget Planner is an expense planning system. It will help you plan your budget by showing whether your expenses exceed your income over a period of time. It will also help you track the progress of your budget by tracking deposits and withdraws from your bank account.
The AMSCOT LLP Budget Planning system has been in use since 1986. In 2009, it was converted from Fortran running on MS DOS to Visual Basic 2008 with .NET 3.5. It has been tested on the Windows XP, Windows Vista, and Windows 7 x86 operating systems. Version 1.0 does not run on x64 systems.
The system has two principle parts: the budget and the account. The budget is similar to the grocery list: it contains the list of expenses we will pay. It also contains the list of our income. The account shows us the transactions (deposits and withdraws) we expect based on the budget. The account balance shows whether we expect to have enough money at the time we plan to pay an expense. Like the grocery list, we can adjust our planned expenses to ensure there will be enough money available.
An account can also be used as a check register to record and reconcile actual bank account transactions. The AMSCOT LLP Budget Planning system plans the purchasing of budgeted items from an account, and the tracking of purchases, deposits and withdraws from the account.