Specifications

Computer Tutorial 3 Appendix C  1
APPENDIX C
Managing budget data
Topic outline
C.1 Entering and editing budget data
C.2 Viewing and printing budget data
Overview
In addition to historical data and opening balances, many general ledgers contain information
about budgets for the current year and several previous years.
The budget is the plan of financial activities for the year, and should ideally be completed
before the beginning of a new year. During the year, the actual financial performance is
compared to the budget in order to determine whether the business of the company has been
conducted in accordance with the budget. Deviations from the budget may mean the business
is not running as planned or the budget does not represent realistic expectations. Proper
budgeting can be a topic of an entire book. This appendix does not intend to show how to
formulate a budget. However, you will learn how to enter and manage budget data using
Accpac.
In Accpac, you can maintain five years of budgets for each General Ledger account. You can
change or delete existing budgets and/or recalculate budget amounts.
Learning objectives
 Use the Budget Maintenance tool in Accpac.
 Enter and edit budget data.
 Modify budget data.
 View and print budget data.
Starting up
1. Start Sage Accpac ERP CGA 5.6A.
2. In the Open Company dialog box, select Sample Company Ltd. and click OK. The
company desktop is displayed.