When HandiLedger closes a year off for an entity, you can use the prior year’s figures to create budgets for the current year. After rolling the client into the new accounting year, you may want to scale the budget figures, that is, increase or decrease the figures by a percentage.
Rolling a budget forward
Log in to HandiLedger and select your entity.
Go to Entity, Close Years Accounts. During this procedure, the Budget Roll Over window will display.
To create budget figures in the new accounting year, select either Budgets or Actuals.
Note: After rolling the client into the new accounting year, you can scale the budget figures to increase or decrease them by a percentage.
Scaling the budget
Log in to HandiLedger and select your entity and year required.
Go to Input, Budget Entries.
Click Scale.
Complete the Budget Scale window, and then click Ok.
Review the budget information, then click Close.