Budgets can be made and saved for revenue and expense accounts for each fiscal year for a property.
The fiscal year is set up on the Owner page under the Financials Tab. This can be edited if needed by clicking on the pencil icon next to Accounting details.
To set a Budget
Go to the Task page and click Budget
Select the property and owner for the budget
Select the fiscal year
Enter the monthly budgeted values. You can either update all months to the same figure by clicking on the pencil icon next to the GL account, or you can click into each month to adjust the budget to a different amount each month.
Click Save
To verify input, you can click "export" to either print or view the information entered.
When reviewing your monthly financials, run the "Property Income Statement" and select "Compare budget" to view the variance between your actuals and estimates.
