Sports – Event P&L Budget

What is an Event Profit & Loss Budget? Event profit & Loss (P&L) budgets are considered financial planning tools and are used by event- and budgeting managers to create revenue and expense budgets at the general ledger (GL) level. Some of the main functionality in this type of input form is that it allows for full P&L budgets by event. Using automated drivers as well as user input, the template enables input with full security and from anywhere with only a web browser required on the user's computer. You find an example of this type of input form below.

Purpose of Event P&L Budgets Sports organizations use Event P&L Budgets to enable managers to plan financial outcomes per event and to see such budgets consolidated across all events.. When used as part of good business practices in Budgeting and Accounting departments, a company can improve its planning accuracy and it can maximize profitability through well-informed strategic decisions, and it can reduce the chances that costly mistakes, such as overstaffing or understaffing, takes place.

Who Uses This Type of Input form? The typical users of this type of input form are: CFOs, budget managers, event managers, staffing managers. Other Reports Often Used in Conjunction with Event P&L Budgets Progressive Budgeting and Accounting departments sometimes use several different Event P&L Budgets, along with expense budget forms, detailed revenue and staffing budgets, event dashboards, revenue dashboards, actual versus budget variance reports, consolidated P&L reports across all events and other management and control tools.

Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional xFP&A solutions.

Built for sports finance teams and aligned with Solver's xFP&A platform, this Solver planning template connects directly to your ERP data via the Solver Data Warehouse, enabling near real-time analysis with minimal setup. Designed for QuickStart deployment, it can be activated rapidly so your team can focus on analysis and decisions — not data preparation.

What is the Sports – Event P&L Budget in Solver? The Sports – Event P&L Budget is a pre-built xFP&A planning template in Solver designed for sports organizations. It delivers key financial and operational metrics in a single, easy-to-use interface — purpose-built for sports finance workflows.

Who uses this Solver planning template? Finance leaders at sports organizations — including CFOs, finance managers, and sports organization executives — use this template to get fast, reliable answers without waiting on IT or building custom reports. It supports both day-to-day monitoring and strategic decision-making.

Where does the data come from? Data is sourced automatically from your ERP system through the Solver Data Warehouse, which integrates with platforms such as Microsoft Dynamics 365 Business Central, Dynamics 365 Finance, Acumatica, Sage Intacct, and other leading ERP solutions. Point-of-sale, ticketing, and broadcasting revenue systems can also be connected for a complete event and venue revenue picture. Once connected, the template updates in near real-time with no manual data entry required.

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