Creating a new Activity Plan (formerly Budget) is the first step to creating and tracking your marketing activities. It is the core of tracking your activities, planning, forecasting and attributing your financial spend. Allocadia uses the marketing spend data from the Activity Plans to create insightful reports giving you greater visibility to spend and manage with greater effect.
- Click the New button on the Home Tab and select Budget (workspace) from the list of options
Note: Adding a budget is only possible on the Home tab of Allocadia and it must be within a Folder. Allocadia will not allow you to create a budget without a parent folder.
- On the Create a new budget menu, fill out the fields by naming your workspace, choosing a parent folder and whether you would like to use Fixed Categories or not
Note: Naming your workspace is an important exercise in familiarizing your users and viewers as to what the workspace pertains to. This name will also transfer into Allocadia’s reporting.
- Click on the Create button. You will be taken to that workspace’s position in the Hierarchy