You can distribute your annual general ledger budget across periods based on a compounding factor of either a percentage or a fixed monetary amount. Compounding is useful when you are creating a new budget for the following year and you want to make adjustments.
To compound your annual budget:
-
In the Budget grid of the General Ledger Budget form, in the
account's
Annual field, enter the annual budget amount for the
account.
To compound multiple
accounts by the same percent or amount, enter the annual budget for each
account, and then select multiple
accounts.
-
On the grid toolbar, click
.
-
On the Compounding Annual Budget dialog box, select one of the following actions:
- Enter a percentage in the
Percent field and then click
Apply.
Vantagepoint calculates the budget for each period by incrementing each period's budget by the percentage that you entered.
- Enter a monetary amount in the
Amount field and then click
Apply.
Vantagepoint calculates the budget for each period by incrementing each period's budget by the amount that you entered.
-
Click
Save.