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2.     Creating a Budget in Tally.ERP 9

To create a Budget in Tally.ERP 9

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

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

2.    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.  

3.    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.

4.    In Set/Alter Budgets of, select

 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.

5.            Accept to save.

'Budgets' in Tally.ERP 9
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