1.The new budget will appear in the budget grid, which can be modified for all department data at the same time or filter the budget data for a specific department.
2.Uncheck the Hide Blank Rows box to display all GL Accounts. When checked, the budget will only show GL codes with data entered. Each cell can be manually modified, but the user can use the Adjust and Amount fields to affect every column within a row at the same time.
3.Within the Adjust column for a row, select a calculation method used to modify each cell.
The options are as follows:
Option |
Description |
|---|---|
Amount $ |
The program will increase or decrease each month by the Amount entered |
% |
The program will increase or decrease each month by the percentage Amount entered |
= |
The program will set each month equal to the Amount entered |
/ |
The program will divide the Amount entered into each month equally |
|
Amount and Type will be populated if selected during the initial budget creation. |
4.Enter an Amount (+/-) that will be used to adjust each cell
5.Press Adjust Values button once all adjustments have been entered to calculate the field(s).
6.Once all the budget information is entered, click the Check Balance button. This will balance out the Expenses and Income for a possible difference.
7.Click the Final Budget box, which tells the report system to use this budget when adding budget data into a financial report for the defined date period.