1. From the dashboard, navigate to the left menu, click on the “Accounting” dropdown under “Accounting & Reports” and select “Budgeting

2. You’ll be redirected to the Budgeting list view page. From there, click on the “Add New Budget” button at the top

3. Start by giving your budget a title. Next, choose the fiscal period from the dropdown to define the time frame for your budget. Then, select how often you want to track the budget—whether monthly, quarterly, or yearly. Finally, pick the property.

4. You’ll notice that the months are arranged a row, making it easy to track your budget over time. Simply enter the budgeted amount for each month, in the corresponding column

5. For example, if you’re budgeting for February, simply enter the values in the February column, for the corresponding income items.

6. Scrolling down, you’ll find the Expense section. Just like before, enter the budgeted amounts for each expense item, in the corresponding month’s column. This ensures all your projected expenses are accounted for

7. The total expenses and net income will automatically calculate and appear here, giving you a clear overview of your budget balance

8. Once you are done reviewing everything, simply click on submit.

9. It’ll take you to the budget list view page, and show you the recently added budget here. To view the Budget report, click on the Action button dropdown

10. And select Overview Report

11. The budget overview report will appear, and you can scroll and review it, or from the action dropdown button, edit and go on with creating the future month’s budget