Tag: budgeting

Posted on

Creating an Excel template to calculate Employer’s National Insurance changes

Screenshot of Excel template for calculating Employer’s National Insurance before and after the changes

I posted on LinkedIn a couple of weeks ago about creating an Excel template to calculate budget impact of the changes to Employer’s National Insurance.

In this post I’ll share a few observations, both about the calculations and also the act of creating the template.

Continue reading “Creating an Excel template to calculate Employer’s National Insurance changes”
Posted on

A happier annual budgeting process

Photo by John Peters on Unsplash

When I had more junior finance roles in larger organisations, I often found the annual budgeting process to be somewhere between traumatic and soul-destroying. Week after week of meetings and emails and multiple versions of clunky spreadsheets.

So when I became a Finance Director, I thought long and hard about what made organisational budgeting so awful. I then identified four key components of a happier budgeting process;

  • alignment
  • training
  • tools
  • trust

This post explores these further.

Continue reading “A happier annual budgeting process”