Creating Budgets using Actuals : Premier 2014
Lupton
Member Posts: 3 Reckoner 
Trying to create a budget using last years actuals before the year has actually ended.
eg year end is 29 Feb 2016. Creating 2016 - 2017 budget now while we are still in the last mth of the year.
The budget is empty.
However it seems to work after year end. (eg if I use a file which has a Dec year end).
1) Has anyone else encountered this ?
2) My workaround is to temporarily change the company information year start date to February and then try the creation process again which seems to work. I then change the Month back again.
However, does this have any consequences ?
I haven't tried to export to .iif because as I understand that process it exports all years - not just the year we are interested in
eg year end is 29 Feb 2016. Creating 2016 - 2017 budget now while we are still in the last mth of the year.
The budget is empty.
However it seems to work after year end. (eg if I use a file which has a Dec year end).
1) Has anyone else encountered this ?
2) My workaround is to temporarily change the company information year start date to February and then try the creation process again which seems to work. I then change the Month back again.
However, does this have any consequences ?
I haven't tried to export to .iif because as I understand that process it exports all years - not just the year we are interested in
0
Comments
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Hi Lupton For,
Welcome to the Reckon Community.
When you create a Budget using previous year's actual data, Reckon Accounts will use data from the last completed financial year.
The best way to create a budget for the next financial year when the current has not completed is to change your computer's date to the next financial year. You can then create the budget using this financial year's data and adjust for the last months. close Reckon Accounts, change your computer date back, launch Reckon Accounts and view your budget for the next financial year.
regards,
John0
Reckon Staff This discussion has been closed.