The first step in making an Annual Budget is making sure you’re set up the way you want by entering in Categories (of costs) and Creditors. You can also always add your Categories while creating the Schedules they will go into (see next section).
Manage Categories using the same naming convention as used in your accounting system’s chart of accounts. This will aid in the accounting data import process.
FINANCIALS> LISTS > Manage Categories
There are multiple category buckets available for selection; if you have questions on which to choose, jump to the next page to review what each bucket (or Schedule) means
Click on the down arrow next to Indirect Expenses, and click .
Copy and paste category names from your accounting system (if applicable) or enter in your category names separated by a comma or each on their own row. Click Save.
*Follow these same steps to add categories for remaining buckets that are relevant to your operation.
Manage Creditors to be applied to your Loans, Leases, and Line of Credit. (You can also add the Creditors as you are creating the Loan, Lease, or Line of Credit).
FINANCIALS> LISTS > Manage Creditors
Click the New Creditor button and enter the Name
Click Save Creditor button