budgeting

I am the volunteer treasurer of a small not for profit club. I am an engineer and not an accouttant so the last year and 9 months have been a real eye opener.
We have not a budget before so I am preparing one. Most of it seems relatively straightforward to enter into peachtree, but a couple of things I am wondering about.
1. Since I am starting mid year it would be convenient if I could just tell it to pull the existing values for the first nine months and make those the budget numbers, then I can enter budgets for the last 3 months. Any way to do that?
2. It appears one cannot enter a budget for the year 2007 until after one has closed out the year. Is there some way around this problem?
Reply to
bob

At my old corporate job we used to do this every month but called it an Outlook.
You could export the chart of accounts (File>>import/export) to get monthly actuals for 2006. Go to the Options tab and specify to include column headers. Copy/paste those actuals (net amounts) into the budget field for the first 9 months of the year. Read the help file on import/exports. All you need to keep in the import are the account ID and the months containing budgets.
PT only allows 2 years of actuals/budget open at a time. If 2007 is not open then 2005 must still be open. Do a year end close of 2005 and 2007 will automatically be opened for you. Make a backup of the file before you do the year end process so that you have a file with 2005 intact in case you ever need it again.
HTH, Laura
Reply to
Laura

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