In Tally.ERP 9, you can create a budget for groups, ledger accounts, and cost centres.
To create a Budget in Tally.ERP 9
1. Go to Gateway of Tally > Accounts Info. > Budgets > Create .
2. Enter a Name for your budget in the Budget Creation screen.
3. 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.
4. 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.
5. 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.
6. Press Ctrl+A to accept .