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