Create a Project Budget

• The Projects feature must be turned on
• Turn on Budgets for Projects
• You must create the project record

1. Open the Budget tab in the project record.
   How?

   1. In the Home window, click Projects on the navigation pane.
   2. In the Task pane, right-click the Projects icon and select Modify Project from the menu.
   3. Select a project from the list and click OK
   4. Click the Budget tab.
2. Select the Budget This Project box and click Details.
3. Add the project accounts to the Accounts column by entering the account name manually or clicking the line below the last account entered and selecting one from the list that opens.
4. Fill in the total amount in the Total Amount line on the project's Revenue and Expense tabs.
5. Enter the budgeted amounts for each period for every account in the budget. Sage 50 Premium Accounting displays only the current fiscal year. Sage 50 Quantum Accounting displays both the previous and current fiscal years as well as the next four fiscal years.

Tip: Use Allocate to accounts and Allocate to periods in the Edit menu to distribute expenses and revenues evenly across all accounts for the duration of the project.