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Blog | Product Updates

Get Your Budget Ready for the New Fiscal Year

Posted by Peter Frank on Apr 2, 2014 9:00:00 AM
If you start your fiscal year in July or August, now’s the time to start thinking about next year’s budget! While entering a budget is not required, it is quite helpful. Church360° Ledger makes it easy.
  1. Click on "Settings," then "Budgets."
  2. Change the date picker to the appropriate fiscal year.
  3. Select an Income or Expense account and the first month of your fiscal year. Type in your budget amount. Continue this process until all months have been entered.
  4. Once you have finished entering all information, click "Save" at the bottom of the page.

Budgets are shown in six-month increments in the total column, and the scroll bar at the bottom of the page will allow you to see the other months.

Church360 Ledger Budgets

Entering budgets

There are several options for entering budgets into the system.

  • Enter month by month.
  • Click on “Change all to … ” and select the option to have all your accounts use the previous year’s actual totals or budgets. You can then edit individual numbers.
    Note: If you use this option, you will overwrite any manual budgets you have previously entered.
  • Click on each individual account and choose if you want to use the previous year’s actual totals or the previous year’s budgets for that account only.

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Peter Frank

Peter Frank serves at Concordia Publishing House as a Senior Marketing Manager for Church Supplies, including Concordia Technology Solutions (CTS), the church management software division. A graduate of Concordia University Wisconsin, his background in theology, business, and computers gives him a unique perspective on technology in the church. Married and the father of two children, he is frequently humbled when his young children teach him something new about technology.