Creating a Budget

To create a Budget in Tally.ERP 9

1. Go to Gateway of Tally > Accounts Info > Budgets > Create.

2. In the Budget Creation screen, enter a Name for your budget.  

3. Select a budget from the List of Budgets for Under field.

4. If you want to set up a hierarchical structure for budgets:

• In the List of Budgets, click Primary appears at the top of the hierarchy

Note: You can create more primary budgets if needed.

• Create sub-budgets under the appropriate Primary budget.  

5. Enter the period of the budget in the From and To fields. You can enter the period entered as a month, a year, or any other period.

6. In Set/Alter Budgets of, select one of the following options:

• Groups - To create a budget for a Group of ledger accounts.

• Ledgers - To create a budget for Ledgers.

• Cost Centres - To create a budget for Cost Centres.

7. Accept to save.

More:

• Budget for Groups

• Budget for Ledger accounts

• Budgets for Cost Centres