Available in Sage 50 Premium Accounting and higher.

Create a Budget - Use Actual Amounts

You can create a budget using actual amounts from last year. Once you create the budget, you can always tweak these amounts based on expectations for the current year.

  1. Select the New button from the Maintain Budgets window.
  2. Enter a Budget Name for the new budget. A budget name can be automatically created based on the description, provided this option is checked in Maintain Global Options. The description is optional.
  3. Select "Use actual amounts from Sage 50" and click Next.
  4. Select the previous accounting periods to use to build the new budget.
  5. Select the starting period for the new budget. The end period is determined by the range of periods selected in Step 4.
  6. Click Finish.

ClosedTroubleshooting budgets from actual amounts

If you create a budget using actual amounts for balance sheet accounts, beginning balance amounts may not come across. This is because Sage 50 tracks activity for balance-sheet accounts, not balances.

To correct this, you could do one of two things:

-OR-

What do you want to do next?

Published: March 21, 2017
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