Budget Accounting Features and Functions
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- Establishes mandatory budgets for selected balance sheets, accounts, and profit and loss accounts
- Income, expense, liability, assets, and equity accounts can be used in the budgeting process
- Multiple budgets can be created from a single account to create what-if scenarios and for forecasting
- Annual, quarterly, monthly, or customized budget periods
- Creates financial statements in conjunction with budgets
- Pro rata distribution of annual budgets over different periods, including quarterly, monthly, or other, customized periods
- Pro rata distribution of quarterly budgets over monthly accounting periods
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Budgeting Features and Functions
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