![]() Total Income/Expenses - Use the drop-down menu to the left of these values to specify the time period for which you'd like this information to be displayed.If you do not enter an end date, the budget will continue indefinitely. End Date - Select the date you'd like your budget for this item to end.Start Date - Select the date you'd like your budget for this item to begin.When selecting the interval, you can also choose whether you want the time period to be prorated or not. Interval - Use the drop-down menu to select the frequency at which your budget will repeat.Category - Click on the drop-down menu to select the category you'd like to budget for.Amount - Enter the amount of money you'd like to budget for this category.Here's an explanation of each of the fields when creating or editing a budget line entry: You can print and copy the budget from this screen.Ĭalculate - See Calculating a Budget below. To add a new budget item, press the “+” button and enter the appropriate values for each column. ![]() Setting up a budget using the ‘Mixed interval’ budget format -Īfter selecting a budget in the left side bar, you can edit it by clicking on the “Edit” button in the upper right corner of the screen. To add, edit, or delete categories go to Tools→Categoriesīudgeted - Displays only categories that you’ve set budgeted amounts for the current calendar yearĪctive - Displays all categories which have been used this calendar year. The filters are at the top right of the screen, shown within a blue bar.Īll - Displays all categories in your data file. You can locate these filters by viewing the budget register. Using the 'Newer' Budget format View Filters. For example, if last period’s grocery budget was $200 and you spent $150, this period’s grocery budget would be $150. Use actual spending from previous period: Sets this period’s budget as the amount spent during the last budgeting period. For example, if last period’s grocery budget was $200 this period’s grocery budget would be $200, regardless of what your spending was in the previous period. For example, if last period’s grocery budget was $200 and you spent $150, this period’s grocery budget would be $250.Ĭopy previous period: Sets this period’s budget as the last period’s budget. You can easily set your budget based on past spending by right-clicking on the heading (the three letter abbreviation for the month followed by the year) of any of the time period columns and selecting one of the following options:Ĭopy and rollover previous period: Sets this period’s budget as the sum of last period’s budget and the difference between the previous period’s spending and budget. To set the amount, click the right number (it'll be 0 if you haven't budgeted anything for that category) and enter the amount that you want to budget for that category. The left number is the amount (either income or expenses) currently in the category, while the right number is the amount budgeted for the category. The center column is the active time period being budgeted for you'll see two columns of numbers. Setting up a budget using the ‘New’ budget format. Once you have created your budget, you have to close the budget manager window, then select your budget from the left sidebar column in the Moneydance window to access and edit it. Selecting Mixed Interval will create an older style budget, which can have categories with different time intervals. Selecting either Weekly, Biweekly, Monthly or Annually will create budget using this time period, and the 'Newer' budget format. You can then enter the budget name and select the ‘period’. Go to Tools -> Budget Manager, and select ‘New’ If you're using Moneydance 2012 or earlier, ‘Mixed Interval’ is the budget format you'll be working with. It is not possible to convert budgets created in older versions of Moneydance to the new Moneydance 2014 format. The ‘Mixed Interval’ budget format should be used when budgeting categories with different time intervals. The old budget format was retained, and is referred to as the ‘Mixed Interval’ budget format. Moneydance 2014 introduced the ‘new’ budgeting format for creating and working with budgets. Please refer to the more recent knowledge base articles on this page What type of budget should I create?.
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