Create a Budget
How Do I...
When creating a budget, you can start from scratch or modify an existing
budget. You can also use your actual data to build a budget based on prior
years or periods.
How
Do I Get There?
- From the Maintain menu, select
Budgets.
- Click the New button.
Enter a budget name (up to 30 characters) and description (up to 50
characters).
You have three choices for creating a budget.
Start
from scratch
- From the Maintain Budgets
window, select the New button.
- Enter a Budget Name and Description. A budget name can be automatically created based on the description, provided this option is checked in Maintain Global Options. The description is optional.
- Make sure "Start with
a blank budget" is checked and click Finish.
- Use the Account Filters to
determine the accounts that display for your budget. You can also filter
by account
segment (Sage 50 Premium Accounting or above) or department
mask (Sage 50 Premium Accounting or lower).
- You can view and enter data
for four fiscal years--the two currently open years, and the year before
and after them.
- After you've begun working
with a budget, you can still use actual data or an existing budget to
complete the budget, by using the Autofill
feature.
Use
actual amounts
- Select the New button from
the Maintain Budgets window.
- Enter a Budget Name for the
new budget. (The Description is optional.)
- Select "Use actual amounts
from Sage 50" and click Next.
- Select the previous accounting
periods to use to build the new budget.
- Select the starting period
for the new budget. The end period is determined by the range of periods
selected in the previous step.
- Click Finish.
Copy
amounts from another budget
- Enter a Budget Name for the
new budget. (The Description is optional.)
- Select "Copy amounts
from another Sage 50 budget" and click Next.
- Use the drop-down list to
select the existing budget you want to copy from.
- Select the accounting periods
to copy from and paste to; click Finish.
What do you want to do next?