Create New Budget

Create New Budget - Overview

Use the Create New Budget routine to create a new budget. This routine copies the basic budget data from another source, such as the current Chart of Accounts, history, or another budget. You can create as many budgets as desired for any year.

For additional information, click More.

Tips:

For more information about budgeting, see Understanding Budgets.
For general information about the Wizard layout and navigation, see the Wizard - Introduction.

Directions:

To see directions for...

Opening the Create New Budget Wizard, click More.
- Basic Method (from the G/L Module):
1. Click File Maintenance from the Menu Bar.
2. Click Budgets.
3. Click Create Budget.
  
  Tip: Or, use the keyboard shortcut: [ALT] [m] [b] [c].
- Advanced Method (from another NDS Module):
1. Click General Ledger from the Menu Bar.
2. Click File Maintenance.
3. Click Budgets.
4. Click Create Budget.
  
  Tip: Or, use the keyboard shortcut: [ALT] [g] [m] [b] [c].
  
  Note: To activate the General Ledger menu in another module, the G/L Application Control must be set up for the module during installation.
Create New Budget Window Example:

Tip: To see an explanation of an area of the Wizard, the cursor becomes a hand when you position the cursor over the area. Click once to display the associated topic.
Creating a new Budget, click More.
CAUTION: To avoid losing data, you must save new or changed records by clicking Finish.

To create a new budget:
1. Open the Create New Budget Wizard.
2. Enter the Budget Name.
3. Complete the remaining Wizard steps.
  Tip: For more information about moving around within the Wizard, see Wizard - Navigation.
4. To finish entry and save the changes, click Finish at the Specify Link Sequence step.
  Keyboard shortcut: [ALT + s]
Editing an existing Budget, click More.

Note: You can not use the Wizard to edit an existing budget. Instead, use the Budget Maintenance routine.
Deleting an existing Budget, click More.

Note: You can not delete a Budget using the Create New Budget wizard. For instructions about deleting Budgets, see Delete Budgets.
Understanding the field values for the following areas, click the section name in the table below:

Field Details by Step
Enter Budget Name	Assign a unique name to the new budget.
Create Budget From	Specify the source of the basic data for the budget. You can create the basic data of a new budget by copying it from the current Chart of Accounts, history, or another existing budget.
Budget Information	Specify the method to use when creating the new budget. You can create the basic data of a new budget by copying the balances from the Create From source data (current, history, another budget) exactly as it is, by marking it up by a percentage, by marking it down a percentage, or by zeroing out the amounts.
Specify Link Sequence	Specify the sort order by Account Element.