You can enter next year's budget before closing the current fiscal year. If you haven't copied your chart of accounts to the next year yet, see How do I copy the Chart of Accounts?. For detailed budget entry instructions, see Enter a Budget.
Set the fiscal year to next year
- Click the Current Financial Settings change link in the upper right-hand corner of the page.
- Select the next fiscal year from the Fiscal Year drop-down list, then click OK.
Enter budget figures
- From the General Ledger menu, select Modify → Budget Information.
- Select the levels to filter, then click Search.
- Click the Edit icon next to an account to modify or enter the budget for that account.
- After modifying the budget for an account, click Done at the bottom of the page.
Return to the current fiscal year
Important: After entering next year's budget, reset Current Financial Settings to the current year before continuing with other tasks.
- Click the change link in the upper right-hand corner of the page.
- Select the current fiscal year from the Fiscal Year drop-down list, then click OK.
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