Budget schedules are Cord’s financial planning tool. They let you build the classic cost-accounting cascade —Sales → Production → Raw Material Purchases → Collections → Cash— without a spreadsheet that ends up disconnected from your operation, and compare it against your real sales and collections month by month. You’ll find them under Budgets (side menu, Intelligence section).

[!NOTE] Budgets require the analytics permission. The Free plan includes 1 schedule and Starter 3; from Professional you get unlimited schedules, the one-click full financial plan, the comparison against real data, and the analysis tools.

Creating a budget

Press + New budget and choose what you want to plan:

1. Full financial plan (recommended, from Professional) — the wizard creates the Sales → Collections → Cash cascade in one click, already connected across schedules (adjustable 40/30/30 staggered collections, month-by-month cash balance), seeded with your real average sales from recent months, and with the key rows already connected to Budget vs. Actuals. Check the production box if your business carries inventory to also add Production and Raw Material Purchases. Requires at least 3 periods.
2. Or an individual schedule — each template seeds ready-to-edit rows:
   • Sales — the base row per period.
   • Sales with adjustment factors — base sales + unit adjustments, chained percentage factors (e.g. economic, distribution), and the final amount in pesos.
   • Production — Production = Sales + Desired ending inventory − Beginning inventory, pre-wired.
   • Raw Material Purchases — the same pattern over raw material consumption.
   • Labor & Overhead — input rows so you can build your own total cost.
   • Collections — credit sales distributed by the percentage collected in the current and following months.
   • Cash — staggered collections and payments per period, plus beginning and ending balance.
   • Custom — a blank schedule.
3. Name — accept the suggestion or type your own.
4. Periods — they come pre-filled with 6 months starting from the current month; use the presets (Quarter, 6 months, Full year) or type them comma-separated. Use the “Month Year” format (e.g. Jan 2026) so Cord can compare each column against your real data for that month, and the same period names across schedules that will reference each other.

The grid: input rows and formula rows

Each schedule is a table of line items (rows) × periods (columns). There are two row types:

• Input — you type it, cell by cell. It saves when you leave the cell.
• Formula — carries an ƒx badge, is shown in light gray and recalculated automatically when you change an input it depends on. Below the label you’ll see the formula in plain language (e.g. = Sales + Desired ending inv. − Beginning inv.). When it recalculates, the affected cells briefly flash.

Each row also shows its Total (the sum across all periods) in the last column.

Adding periods and duplicating

• + Period (top bar of the editor) appends a month at the end of the schedule — Cord suggests the one after the last (e.g. after Jun 2026, it suggests Jul 2026). Up to 36 periods per schedule.
• Duplicate (copy icon in the budgets list) creates a full copy — rows, formulas and values. You can copy it with the same periods (to try another scenario for the same year) or shifted to the next year (Jan 2026 → Jan 2027, ideal to kick off next year’s plan from this base).

To rename the schedule, click its name. To delete a row, use the trash icon; if another formula referenced it, that formula will now compute 0 for that row.

Building a formula

When you add a row and choose the Formula type, the term builder appears. Each term has:

• Operation:
  • Add / subtract — accumulates a row’s value (positive coefficient adds, negative subtracts).
  • % of another row — applies a percentage change over the running total so far (e.g. +1% economic, then +3% distribution).
  • × another row — multiplies the running total by another full row (e.g. units × price).
• Schedule and Row — the reference. It can be a row in this same schedule or in another one in your organization — so “Production” pulls from “Sales” with zero retyping.
• Coef. — the coefficient (only applies to add/subtract).
• Back — takes the value from a prior period (0 = same period, 1 = last period). Useful for staggered collections (e.g. 40% this month, 30% last, 30% the one before).

Terms are applied in the order you add them.

[!NOTE] Schedules are a planning tool, not a live inventory. The desired beginning/ending inventory is an assumption you type per period, not a balance tracked from real warehouse movements.

Comparing against your real data

Any row can be connected to your closed sales, units sold or collections received — Cord shows the actual and the variance under each budgeted month, with zero data entry. See Budget vs. Actuals.

Current limits

• There’s no editing an existing formula — you can add or delete rows.
• The comparison against real data matches by calendar month — periods whose labels don’t name a recognizable month and year (e.g. “Q1” or “Jan” with no year) don’t show an actual.