The Budgets file facilitates tracking of department budgets. Budgets can be linked to orders and invoices. To view and edit budgets, go to Setup Files > Budgets.
Each record in this file should be a budget division. To add budget divisions, select New Record (the green + icon).
- Account Code can be any text, but it's usual to make these codes match the ones you use in your finance system.
- Amount should denote the total amount available.
- Current Balance will automatically calculate based on the budget usage in invoices.
- See Manage Purchase Orders & Invoices for guidance on this.
See also Financial Reports for an overview of how Music Monitor relates to your finance system.