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To create a Budget in Tally
| • | Go to Gateway of Tally > Accounts Info > Budgets > Create |
| • | In the Budget Creation screen enter a Name for your budget. |
| • | 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. |
| • | 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. |
| • | In Set/Alter Budgets of, select |
| o | Groups - To create a budget for a Group of ledger accounts. |
| o | Ledgers - To create a budget for Ledgers. |
| o | Cost Centres - To create a budget for Cost Centres. |
More:
Budget for Groups
Budget for Ledger accounts
Budgets for Cost Centres
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