Creating a Budget

To create a Budget in Tally.ERP 9

Go to Gateway of Tally > Accounts Info > Budgets > Create

  1. In the Budget Creation screen enter a Name for your budget.  

  2. Select from the List of Budgets for Under field. You can have a hierarchical setup for budgets. In the List of Budgets, Primary is at the top of the hierarchy and you can create more primary budgets. Sub-budgets can be created under Primary budgets.  

  3. Enter the period of the budget in the From and To fields. The period entered can be a month, a year or any other period.

  4. In Set/Alter Budgets of, select

Groups - To create a budget for a Group of ledger accounts.

Ledgers - To create a budget for Ledgers.

Cost Centres - To create a budget for Cost Centres.

  1. Accept to save.

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