Is it possible to have two budgets at the same time & if so, how do I set up a second one?

MaryAnn_9618203 Member Posts: 11

We have a Profit & Loss budget but want to set up a second one with different accounts. How do we do this?

Best Answer

  • Reeta
    Reeta Reckon Staff Posts: 37 Reckon Staff
    Answer ✓

    Hi @MaryAnn_9618203 ,

    Within Reckon Accounts, there are two distinct budget types available for a given financial year (FY):

    The Profit and Loss budget


    The Balance Sheet budget.

    It's important to note that the system currently does not support the creation of a second budget for the same FY; however, you have the flexibility to modify the existing budget as needed.

    Hope this helps.

    Kind regards,