Monitor how your business is performing by entering budgets. You can compare your actual figures against the budgets for each month and for the whole year, to see if your business is on track.

Under standard budgeting, you can enter basic monthly budgets for each nominal code. You can then compare the actual monthly figures against the budgets that you enter. 

You can't enter budgets for future years until you run your year end.

Enter budget figures

1. On the navigation bar click Nominal codes, click the required nominal code then click Edit or New/edit.
2. Either enter individual budget values for each month, or enter an annual budget in Total and press TAB then click Yes.
3. Click Save then click Close.

TIP: With standard budgeting, you can also import budgets as part of your nominal records.