Personalized budget worksheet fits your accounting practices.
The TCT Margin Management Tool is comprised of four distinct functions:
- Variance Reporting
- Deposit Pricing
- Equity Management
The combination of the four functions in one tool increases efficiency as the input of monthly data updates all four tools at once.
Easy-to-use format provides a three year budgeting outlook.
The tools primary function is the creation of an internal metric for setting and maintaining deposit rates and budgeting.
Complementing the model, are an Equity Restoration & Retention function and a Budget Analysis and Tracking function. The combination of this information is very important to regulators and credit union executives alike.
Clients report they can create a useful budget in less than one hour.
The merging of these functions creates one user-friendly tool to monitor budgeting, equity, deposit pricing and allowing clients to achieve balance in their overall financial statement management.