Changing Percentages in G/L Budgets

Use the G/L Budget Percentages window to change the monthly dollar values to percentage values. Use this method if you want to break up your budget using percentages instead of dollar amounts. For example, if you want to budget most of your money in the beginning of the year by percentages, you would create larger percentage amounts from January to June, and smaller percentage amounts from July to December.                                                   

To change a percentage in a G/L budget:

  1. From the G/L menu, select G/L Budgeting to display the G/L Budget Maintenance window.

  2. Display the account to which you want to copy a budget by completing the following fields:

Field

Description

Account

The general ledger account name. Enter or select an account.

Branch

The branch number of the account for which the copied budget applies. Enter or select a branch.

Year

The fiscal year for which you want to create the budget. Enter the year and click Update.

  • If you are creating a new budget, the system inputs the amounts for each month in the Budget column as zero (0.00).

  • If you are editing a previously created budget, the system populates the amounts in the Budget column.

  1. In the Total Budget For field, enter the total budget amount for the year.

  2. From the Edit menu, select Monthly Percentage to display the G/L Budget Monthly Maintenance dialog box.

  3. To change a percentage value for a month, enter a new value in the Percentage column.

  4. Continue making changes as needed, ensuring that the percentages add up to 100 percent. You cannot exit the window until the values total 100 percent.

  5. Save your changes and exit the window.

The G/L Budget Maintenance window displays, with the percentage amounts for each month converted to the corresponding dollar amounts that add up to the value in the Total Budget For field.

See Also:

Creating G/L Budgets