4.9. Establishing Budgets

Every account in the General Ledger can have monthly budgets. To enter monthly budgets for an account select `Maintain G/L Accounts' from the General Ledger Menu and move the highlight bar to the account. Press [Ctrl] [Enter] to edit the account. The account details will be displayed.

The bottom line lets you know of any functions that are available from this screen. Press [F3] to enter budgets.

The bottom box should be now titled `Budgets'. Press [Enter] until the cursor is in the box on `Jul'. You can now enter all your monthly budgets. These will be automatically transferred to the budget report. For more information on the budget report refer to Budget Report in the General Ledger Module section.

We hope this chapter has made it easier to establish all your information. Before you start using the system it is best to make sure everything balances and is in order. Print out a Balance Sheet by selecting `Report Menu' from the General Ledger Menu. The Balance Sheet should balance and your debtor and creditor accounts should be correct. The bank balance shown will be correct to the last unreconciled cheque/deposit entered.