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Accounting & Bookkeeping

How to Set Up and Track a Budget

1 min read 81 words
Accounting Dashboard

Budgets

Budgets let you plan income and expense targets by account and compare them to actuals.

Step-by-step: create a budget

  1. Go to Accounting > Budget (https://dashboard.kmmvgroup.org/admin/accounting/budget).
  2. Click New Budget and pick the financial year.
  3. Enter target amounts per account, per month.
  4. Click Save. You can also Import a budget from Excel.

Track performance

  • Budget Overview — full plan.
  • P&L Budget vs Actual — compares budget to real figures.
  • P&L Budget Performance — variance analysis.

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