tom-mac
6 years agoExperienced Cover User
Entering Balance Sheet Budgets
I have entered the P&L Budget for FY20 and is all ok. However entering the Balance Sheet Budget is always a drama each year. I believe I must enter the 'movement' for the month rather than the acco...
- 6 years ago
Hi Ian
I have been able to work it out.
1. You must print the June 19 Balance Sheet [Budget analysis] report.
2. You then identifty the June 19 Budgeted Amount for a particluar account and take this amount from your July 19 budgteded balance for that account.
3. You then post the difference between the 2 amounts as the budgeted amount for that account for July 19.
4. Then when you print the July 19 Balance Sheet [Budget analysis] report the July budget amount is correct.
Very strange way of doing it.