Entering a company budget

To enter a company budget

1. From the > Setup menu, click Company > Budgets.
2. Multi-company only. Select a company.

3. Select either the cash or accrual accounting basis account to use for your budget. As you work with your budget, you can switch between the two methods, as needed.
4. Type the fiscal year of the budget.

Note:

Ajera displays the fiscal year in the table beginning with the first month of your fiscal year as selected on the General tab of company preferences.

5. Type a reference number or identifier for the budget and a short description.
6. Enter any notes about the budget.
7. The table contains a row for each revenue and expense account/department combination from your chart of accounts. Maximize the size of the window so it displays as much of the table as possible.
8. Do one of the following:

• Distribute an amount across all months of the fiscal year by entering the amount in the Annual column.
• Enter an amount for each month of the year. You may need to use the scroll bar to see all the months.

Note:

To enter a negative amount, enter a minus sign. For example, in your budget for the Professional Fees Write-Off account, which is an Income account, you reduce revenue by entering an amount with a minus sign.

9. You can change the order and grouping of information in the table. For example, you may want to sort by the account number to compare amounts from the same account for each department.
10. Repeat these instructions to enter information for all the rows in the table.
11. Click Save.
12. Click Close.