Creating a Budget
Anand
Wed, 10/06/2021 - 14:58
To create a Budget in Tally
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Go to Gateway of Tally > Accounts Info > Budgets > Create
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In the Budget Creation screen enter a Name for your budget.
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Select from the List of Budgets for Under field. You can have a hierarchical setup for budgets. In the List of Budgets, Primary is at the top of the hierarchy and you can create more primary budgets. Sub-budgets can be created under Primary budgets.
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Enter the period of the budget in the From and To fields. The period entered can be a month, a year or any other period.
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In Set/Alter Budgets of, select
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Groups - To create a budget for a Group of ledger accounts.
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Ledgers - To create a budget for Ledgers.
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Cost Centres - To create a budget for Cost Centres.
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Accept to save.
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