Purpose of the article This article explains how to add and manage revenue forecasts for the Food & Beverage (F&B) division using the P&L Planning module in PMI. It focuses on how to connect revenue accounts to source data, apply percentages and constants, and ensure consistency across all F&B profit centers. The goal is to help...
Objective Add or update Room revenue in the Planning module to ensure accurate budgeting and forecasting. Requirements Access to the Planning module in PMI Appropriate user rights Estimated time to complete 3 minutes Steps Log in to PMI. 1. Go to the Profit & Loss module.2. From the main menu, select Profit & Loss.3. Go to Rooms division...
Purpose The PMI Planning module is the central workspace for forecasting, budgeting, and aligning operational plans with financial goals. It enables General Managers and Financial Controllers to plan labor, revenue, and costs based on historical data, business targets, and operational drivers. This module ensures that plans are data-driven,...
What is its purpose? It reduces the manual workload and makes forecasting less error-prone. It enables you to import scheduled hours and base salaries from an external system(s). It enables you to forecast on both staff member level and total. You are able to review and adjust staffing with demand (SMART forecast) all in one screen. This article...
What is its purpose? The planning staff module enables you to review and adjust staffing to meet demand (SMART forecast) all in one screen. The goal is to reduce manual workload and make forecasting less error-prone. You can import scheduled hours and base salaries from an external system(s) and forecast down to the individual staff member...
The goal is for those who work with budgets to enter next year’s budgets into PMI in a timely and accurate way, with as little effort as possible and following PMI Best Practice. This includes both revenue and cost budgets. There are three ways this can be done. Revenue budget: Two ways to budget revenues in PMI Live Forecast Budget: Going from...
Summary Personnel cost consists of three different elements: Salary Social cost Other personnel cost Intended Users Heads of Departments Instructions Salary Costs Forecasting of salary starts in PMI R&P. A very important principle in PMI Planning is that all hours that are the foundation for calculating the salary cost are collected from...
Summary It’s possible to select from various P&L planning reports, depending on how the property is configured in the Planning module. These reports can either be user-created—provided the user has the appropriate permissions—or pre-configured by d2o during the property’s initial setup in PMI. If the property is connected to Profitbase, any...
What is its purpose? There are several more choices that increase flexibility in the P&L Report module. It’s easier to focus on what figures you are looking at, and the menus are more informative. What are the actual modifications? 1. Actual: Actual/ Live Forecast and Actual & Forecast WiP listed first. Sub-menu for Approved with...
What is adding another year to comparison/reference? It’s the ability to add another year for comparison in the Account Summary module in P&L. What is its purpose? If you are responsible for several hotels, you are able to see the development for more than a year ago. Last year may not always relevant, especially if the hotel was closed due...
Summary PMI Planning is found in the top menu, stated as “PMI Profit & Loss”. You will do all your budgeting and forecasting in the PMI Profit & Loss. Intended Users GM, Controller, and Heads of Departments Instructions Division − all departments are connected to a division in Planning. Menu consists of: Accounts, where you enter...
Summary This chapter describes how to make a Live Forecast/Weekly Forecast in Planning at any time. This functionality may be used when requirements exists to produce a weekly P&L forecast in addition to a monthly P&L forecast that is the standard best practice routine in PMI. Live Forecasts revenue figures from R&P (last saved not...
Summary We will now focus on what steps to take to produce a profit forecast in PMI Planning. Intended Users GM, Controllers and Heads of Departments Revenue The work with your forecast starts with the revenue section. A vital part of PMI Planning is that your revenue is collected from PMI R&P. You cannot change revenue manually in PMI...
What is its purpose? The planning staff module enables you to review and adjust staffing to meet demand (SMART forecast) all in one screen. The goal is to reduce manual workload and make forecasting less error-prone. You can import scheduled hours and base salaries from an external system(s) and forecast down to the individual staff member level....
Summary The “Copy From Reference” function in PMI’s Planning and Profit & Loss (P&L) modules allows users to efficiently populate their current working version with data from a selected reference version. This is particularly useful when transitioning from an approved budget to a forecast or vice versa, ensuring consistency across...
How to send in/submit your budget/target or forecast in PMI Planning module. NB! Moved from Submit to Status in tools box. Summary When your budget/target/forecast work is completed and you wish to send in/freeze these figures to become a selectable version in PMI Planning, follow the instructions below. This process is formerly know as “submit”...
What is its purpose? Accounts overview is a quick way to show categories as totals and you can see divisions, departments and account levels. This is view only, so you cannot change anything or look at calculations. It's geared toward GMs, controllers and heads of departments. Getting started Tools You can print and view Status. Even if the...
Summary Accounts are integral to all departments for constructing budgets and forecasts within PMI’s Planning and Profit & Loss (P&L) modules. Depending on the internal structures of a property or property chain, accounts can be added or removed to suit specific organizational needs. For detailed guidance on adding accounts, please refer to the...