Yearly Budget

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Yearly Budget - Use in the financial report to side by side compare with the actual data.

 

Note that Period 01 .. Period 12 is not necessary the same month of the transaction, depending on the Account Start Month in the Company Setup.

 

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Remember that each account must be enter according to accounting rules in Debit(Positive) / Credit (Negative):

 

1.Fixed Asset - Debit
2.Current Asset - Debit
3.Long Term Liability - Credit
4.Current Liability - Credit
5.Equity - Credit
6.Revenue - Credit
7.Expenses - Debit