How do I create a new budget in the Financials feature?

# How do I create a new budget?

Overview

A budget lets you forecast income and expenses and compare those forecasts to actual results from one or more previous years, broken out by month or quarter.

Step 1: Open the Budgets summary window

1. Click the Financials tab in the vertical menu to open it.
2. Click the Budgets tab. This summary window shows any budgets you've already created.

 Step 2: Create the budget

1. Click + Add New Budget at the top right of the window. The ADD BUDGET window opens.
2. Type a descriptive name for the budget in the Budget Name box.
3. Click Add to create the budget. The EDIT BUDGET window opens next.

 Step 3: Add a year to the budget

1. In the EDIT BUDGET window, click +Add Year.
2. Enter the year in the box.
3. Click Add to incorporate the year into the budget.

 Step 4: Choose month or quarter for that year

1. Once a year is added, it appears with a disclosure arrow. Click the arrow to open its display options.
2. Set the month/quarter radio buttons to Budget by month or Budget by quarter (quarter is the default).
3. Once you pick an interval, the individual months or quarters appear as buttons. Click any month or quarter's name to remove it from the budget.
4. Click Update to save your changes.