Setting Up a Budget

Each budget in NetSuite covers a fiscal year, for which you can enter an amount, per account, for each period. In NetSuite OneWorld, budgets are specific to a subsidiary and fiscal year.

Transactions > Financial > Set Up Budgets

1. Select a Subsidiary for the budget, if applicable.The Subsidiary field appears only in NetSuite OneWorld accounts.
2. In the Year field, select the fiscal year for which you want to create a budget.
3. In the Budget Category field, select the category for this budget or create a new one.The Budget Category field appears only when the Multiple Budgets feature is enabled.
4. Enter budget amounts in positive numbers for the year
5. When you have finished entering budget details, click Save.

Use the Budget Income Statement at Reports > Banking/Budgeting > Budget Income Statement to view the budget.