Setting up your Budget for users starting a new financial year
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Click Budget in the sidebar.
A budget can be created by using one of the following:
- Copy a budget from another financial year.
- Select one of MoneyMinder’s templates.
- Add a budget from scratch.
Note: Once you save your selection you will not be able to start over.
When entering a budget, keep in mind that Headings and Subheadings are a way to organize the budget, and Categories are what transactions are applied to and what are tracked on reports. Categories are organized below Headings and/or Subheadings and have dollar amounts that can be entered under Budgeted Income and/or Budgeted Expenses. See the example below:
Copy an existing budget:
Click the dropdown under Copy a budget that you set up in a previous financial year. Choose one of the years displayed below: Select the year you would like to copy.
This will copy a budget from another financial year into the current year. The copied budget can be modified to reflect any changes.
When finished, click Save Changes.
Select a budget template:
Select a budget template from the dropdown under Choose a MoneyMinder budget template to start with.
A sample budget will auto-populate. Changes can be made to modify the budget to suit your group’s activities.
When finished, click Save Changes.
Add a budget from scratch:
Click Start New Budget to begin creating a new budget.
Enter the name of the first Heading.
Continue creating the budget by adding Headings, Subheadings, and Categories.
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When finished, click Save Changes.
To delete a Category:
- Click the More> button to the right of the category.
- Click the red Delete button. Note: You can only delete a Category if there are no transactions applied to it.
- Click Save Changes.
To delete a Heading:
- Click the three lines (“hamburger”) to the right of the Heading name to open the dropdown.
- Click Delete. Note: You can only delete a Heading if there are no Categories or Subheadings listed beneath it.
- Click Save Changes.
To move a Heading:
Click Arrange Headings in the static toolbar at the top of the screen.
To move a Category:
Click the Arrange these items button at the bottom of the Heading or click the “hamburger” to open the dropdown and choose Arrange these items.
