Account Budget

The Account Budget screen allows you to define general ledger budgets. An account budget is created to hold a company's financial forecast for a range of posting periods, which is typically a financial year. Account budget values are used in reporting and queries to compare actual financial performance to the financial forecast.

General

In the General area, enter information about the account budget.

Field		Description
	Company	Enter or select the company associated with the account budget. An account budget can only be for a single company. This selection cannot be changed once the document has been in a final state.
	Code	Enter a unique alphanumeric key to identify the document. Once a code has been entered and the document has been submitted to final, it typically cannot be changed.
	Name	Enter a name to describe the document. The name does not have to be unique.
	Currency	Displays the Company's currency. This value cannot be changed.
	Start Posting Period	Enter or select the first posting period of the budget.
	End Posting Period	Enter or select the last posting period of the budget.
	Status	Select the status of the document.

Budget Details

In the Budget Details area, enter the budget amounts for each account by organization and posting period.

Field		Description
	Company	Displays the account budget Company.
	Account	Enter or select an account. Only active or pending active accounts that belong to the Company can be selected.
	Organization	Enter or select an organization. Only active or pending active organizations that belong to the Company can be selected.
	Balance Type	Displays the balance type based on the account type of the selected account. If the account type is Asset or Expense, the balance type is Debit. If the account type is Liability or Revenue, the balance type is Credit.
	Total Amount	Displays the total of all the amounts entered in the Posting Periods area.
	Posting Periods	This area allows you to enter account budget amounts for each posting period. Posting Period: Displays a list of posting periods. The Start Posting Period and End Posting Period determine the range of available posting periods. Amount: Enter the budget amount for a posting period. The Balance Type will determine whether the amount is treated as a debit or credit. If the account type is Asset, a positive amount increases the account's debit amount. If the account type is Liability, a positive amount increases the account's credit amount.