Budget records overview

You need to set up Budget Records before you can start to record transactions. 

In the Budget Records area you can create and edit:

• Budget Accounts
  These include your various Budget Accounts, and the Budget Headings and/or Budget Groups that you use to organise them. Here you also set up the Profile Types that can be applied to the Budget Accounts.
  However, before you create new Budget Accounts you should define these organising categories:
• Budget Headings
  These are used to organise the Budget Accounts, so that they can be sorted and sub-totalled in reports.
• Budget Groups
  These are also used to organise Budget Accounts in different ways for reporting purposes, if required. A Budget Group can include Budget Accounts that belong to different Budget Headings.
• Profile Types
  These are used to plan the pattern of spending or receiving money over the year.