Field Definitions: GL Budgets Form

The following is a list of field descriptions for the GL Budgets form. Many of the descriptions include links to other topics that provide additional information about or related to the topic.

Fiscal Year Ending

Enter the calendar month of the fiscal year end for these budget amounts, as set up in GL Fiscal Years.

Budget Code

Enter the budget code for the budget you wish to set up.Budget codes are set up in the GL Budget Codes form.

GL Account

Enter a valid GL account code for which to set up monthly budget amounts. Once you specify the GL account, the annual total for the account displays to the right of the account description.

Beginning Balance

Optional.

Enter the beginning balance for this GL account. Initially defaults to 0.00. For informational purposes only.

Note: Beginning balance must be 0.00 for income and expense accounts. If value entered is not zero, a warning displays and value is reset to 0.00.

Beginning Balance: Dr/Cr

Specify whether the beginning balance is a debit (Dr) or a credit (Cr).

Budget Amount

Enter the budget amount for the specified month. Defaults the initialized value.

Budget Amount: Dr/Cr

Specify whether the budget amount is a debit (Dr) or a credit (Cr).