Monthly Budget

Question

Can we create a MONTHLY budget against a job code in MYOB, or do we have to set up a over 50 different accounts. Thank you .

Princess_R · Answer

Hi @Happygirl,

Thank you for your response.

From my understanding, you can enter budget amounts for each month. However, it seems that it might not support changing the budgeted amount for a specific job on a monthly basis directly. The budgeting feature is more general and might not allow for the level of detail you're looking for. Please try looking into this Help article: Entering budget amounts.

Please let me know if you require further assistance. I'm happy to help.

Cheers,

Princess

Happygirl · Answer

@Princess_R

Thanks for your response.

However,  it appears we can only create a fixed budget amount for the job versus a monthly budget figure. The budgeted amount changes by the month./ Financial year etc

Example

Job 1:

Budget Jan : Telephone  $200

Budget Feb: Telephone  $500

Etc

Thanks for your help

Princess_R · Answer

Hi @Happygirl,

Thank you for your post.

In AccountRight, you can set up a budget for a specific job code without the need to create over 50 different accounts. You can utilize the budgeting feature within MYOB to allocate and track expenses against job codes on a monthly basis. For detailed instructions on how to do this, kindly refer to this Help article: Jobs.

Please let me know if you require further assistance; I'd be more than happy to help.

If my response has answered your question, please click on "Accept as Solution" to help other users find this information.

Cheers,

Princess