Entering next year's budget can be done before closing the current fiscal year. See the How do I copy the Chart of Accounts? tutorial if you have not yet copied your chart of accounts to the next year.
This Step-by-Step guides you through entering your budget for the next fiscal year. For more detailed instructions on entering your budget, see the Enter a Budget tutorial.
- For a visual tutorial, see the Enter Next Year's Budget video.
- All video tutorials can be viewed from the Videos at a Glance page.
- Click the Current Financial Settings change link located in the upper right-hand corner of your page.
- Select the next fiscal year from the Fiscal Year drop-down list and then click the OK button.
- From the General Ledger menu, select Modify -> Budget Information.
- Select the levels that you would like to filter and then click the Search button.
- 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 the Done button at the bottom of the page.
- When you are finished entering budget figures for the next year, remember to set your Current Financial Settings back to the current year. Click the change link.
- Select the current fiscal year from the Fiscal Year drop-down list and then click the OK button.
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