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Enter Budgets in the Chart of Accounts

After you set up your headings, subheadings, and accounts, you can enter your account's budget on the Budget tab in Edit Account.

  1. Under Manage Records, click the Chart of Accounts tab.
  2. In the drop-down list, select Add/Edit Chart of Accounts and click Go .
  3. On the Headings tab, scroll down to the heading under which you want to enter your budget, for example, Revenues, and select a subheading.
  4. The accounts under the subheading display to the right. Double-click on the appropriate account.
  5. Click Edit Account, then click Budget.
  6. Under Enter by, select to enter the budget by Month or by Year.
  7. If you selected to enter the budget by month, enter a budget amount for each month of the year.
  8. Click Distribute.
  9. Select a distribution method for the annual budget and click OK.
  10. Enter the annual budget amount and click OK.
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