Enter Account Budget Amounts

ClosedBefore you can perform this task

Turn on the budget feature

Turn on the Department feature (Sage 50 Premium Accounting)

There are several ways to add budget amounts to your expense and revenue accounts:

ClosedEnter unique budget amounts for each period

  1. Open the revenue or expense account and click on the Budget tab.
  2. Select Budget this account.
  3. Type the budget amount in any displayed periods that require an amount. The Total budgeted amount box updates as you add amounts.
  4. Click Save and Close.

ClosedEnter equal budget amounts across all periods

  1. Open the revenue or expense account and click on the Budget tab.
  2. Select Budget this account.
  3. Type the Total budgeted amount and click Allocate to period.
  4. Click Save and Close.

ClosedEnter unique budget amounts for each department (Sage 50 Premium Accounting)

  1. Open the revenue or expense account and click on the Budget tab.
  2. Select Budget this account.
  3. For each department, type an amount to allocate to the department for each period.

    4. Note: A period's departmental allocation total does not have to equal the total Budget Amount for a period. Some of your budget may not be allocated to a specific department.

  4. Click Save and Close.

ClosedEnter equal budget amounts across all departments (Sage 50 Premium Accounting)

  1. Open the revenue or expense account and click on the Budget tab.
  2. Select Budget this account.
  3. Type the Total budgeted amount.
  4. Click Allocate to department to distribute the Total budgeted amount evenly across all departments.

    5. Note: A period's departmental allocation total does not have to equal the total Budget Amount for a period. Some of your budget may not be allocated to a specific department.

  5. Click Save and Close.

What do you want to do?

Import an account budget

Export an account budget