Creating a budget from actuals data allows you to use existing cashbook data as the starting point for a new budget.
This can help reduce manual entry and give you a practical starting point based on your previous financial activity.
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1. Open the Create New Budget Wizard
From the Budget Home Page, select Create New Budget.
This opens the Create New Budget Wizard.
Select Create Budget From Actuals Data.
2. Enter a Budget Name
Enter a name for the budget.
It is recommended that you use a clear budget name and include the budget duration, so the budget is easy to identify later.
3. Select the Budget Duration
Select the start and end months for the budget period.
This determines the period covered by the new budget.
4. Select the Actuals Data to Import
In the import selection section, choose the date range for the actuals data you want to copy into the budget.
Select the start month and end month for the data you want to import.
For example, you may choose to import actuals data from January to June.
5. Select Bank Accounts
Select the bank accounts you want to include as part of the import.
By default, your Primary Bank Account and Assigned GST Account will be pre-selected.
You can select additional bank accounts if required.
Once you have selected the bank accounts you want to include, select Save.
Then select Next.
6. Choose the Cashbook Data Type
Choose the cashbook data type you want to use for the budget.
The available options are:
* Cashbook as entered
* Cashbook as cleared
* Cashbook accruals
Select the data type that matches the cashbook data you want to use.
7. Include or Exclude Codes
You can choose to deselect codes before creating the budget.
Deselecting a code will exclude actuals data for that code from the new budget.
Please note that deselecting a code does not remove the code from your budget.
The code will still appear in your budget code list, but no actuals data will be imported for that code.
8. Finish Creating the Budget
Once you have reviewed your selections, select Finish.
Agrimaster 10 will create the budget using the actuals data you selected.
Once complete, the new budget will open and be ready for review.
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