Review or Edit Budgets set for Revenue, Expense and Cost of Goods Sold or any accounts that have Budget selected in its Sub-Account. Prior to selecting Access Budgets, see Set Budget Editing for additional information. See Browse Budgets for filtering the accounts listed.
| Access |
| Grant permission to User Profiles in Access User Profiles > select a User Profile > Security > General Ledger > Menu Security > Access Budgets. |
The period listing will follow the set Fiscal Year. As seen above, this organization's Fiscal year runs July 1 to June 30.
Financial information for two previous years is displayed for the account.
Set a Budget amount
Select the Financial period, typically the first of the Fiscal year.
Click into the Budget field and Right click to select how the Budget figures should be calculated.
- Annual Budget- Enter a yearly amount first, then right click selecting Annual to divide the figure equally between all Financial Periods listed.
- Percentage (+/-) of 20(XX) Actual- Enter a positive or negative percentage of the previous years Actual amount.
- Percentage (+/-) of 20(XX) Actual- Enter a positive or negative percentage of the two years previous Actual amount.
- Percentage (+/1) of 20(XX) Budget- Enter a positive or negative percentage of the previous years Budget.
- Replicate Down- Select to copy the amount in the selected field to those below it.
An individual Budget can be edited and then Replicate Down to update the Financial Periods below.
Enter a Budget Justification or Explanation
Click into the Current Fiscal Budget year and enter a justification or explanation of the set budget figure in this 350 character alpha-numeric field. Be advised this displays as a single line of text.
Select Save to create a Budget for the account.