If your organization uses Forecast for budget revisions, you will need to manually setup the Forecast for the new year. The usual procedure is to copy the final budget for the new year into a Forecast column so that the original budget can be lo...

This tool is used to automatically calculate budgets for accounts, based on budget entry to other accounts. For example, FICA and other payroll tax/benefit expenses can be auto-calculated based on a percentage of salary expense. The process tota...

Below are some example budget allocations for some of the more common computations. The account filter and target accounts will vary depending on where accounts are in your account structure. The ones with component filters require the use of  ...

Defines a screen format for budgeting on a component or detailed basis, as well as control settings for the way budgeting is to be done. Each format to be used is then assigned to an account range in  budget format account ranges . If ent...

Defines the component format (detail budget entry screen) assigned for each G/L account. Components are defined according to a range of G/L accounts. You may use any/all parts of the G/L account number to define the ranges of accounts.  Click Ne...

Budget Types This is where the different kinds of overall budgets are defined. B (Budget) and F (Forecast) are standard/required types. Budget types consist of a 1 character code and a name. You may have as many budget type scenarios as...

This is where yearly budgets are defined according to their  budget types . When you are ready to begin budgeting for a new year you need to first come here to create the year for the type of budget. Later in the year when you are ready...

The following are the steps to setup a budget for a new year. Budgets > Years > Click New > Enter the new year and select type Budget Normal settings are to uncheck box to disallow entry on specific dates. Check boxes to allow entry and...