Objective: Create a budget for the next fiscal year and add a revision.
1. Create Budget: Go to Lists > Accounting > Budgets. Click New (+). Select the next fiscal year. Click Save.
2. Enter Data: Find a “Program Supplies” expense account. In the Total column, enter “1200”. Verify that the system puts “100” in every month.
3. Edit Monthly: Find a “Special Events” revenue account. Enter “5000” in the Total, then zero out the first 11 months and put the full “5000” in the last month. Click Save.
4. Create Revision: Click the Add Revision button. Enter the note “Mid-year adjustment”. Click OK. Change the “Program Supplies” total to “1500”. Click Save.