---
title: "Financial Budget > Creating a Financial Budget"
canonical: "https://technology.bytangram.com/space/TGKB/257392909/Financial%20Budget%20%3E%20Creating%20a%20Financial%20Budget"
format: markdown
---
In the **finance & administration** module > **general ledger** > **financial budget** you can create budgets based on accounts and dimensions and then compare budgets to your realised revenue.

The creation of a financial budget is usually managed by finance or a system administrator. 

| **ON THIS PAGE:** |
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| > Macro (toc) |

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## FINANCIAL BUDGET CREATION

- From the **general ledger** menu, select **financial budget**

![image](media://033cb52f-d6d0-478d-967d-bcff86019787)


- Click **create new finance budget **button
- Select the **year** & **title** fields
- Click **ok**

![image](media://01b02104-623b-4845-a3f2-2eab831268c9)


- In the **finance** **budget setup** panel > click the **+ (plus)** button to add the **relevant dimension/s**
- Click **ok**

![image](media://66c28ae4-0da8-4dd0-b5fc-f7ad02ffd455)


- Then click the **+ (plus)** button in the second window, to add the relevant revenue **account(s)**
- Click **ok**

![image](media://6899d593-3269-4f4c-a3d4-5cfcda5821c1)


> 📝 *For a net revenue budget, you must either only use one account or budget the total income and COGS per client*


- Go to the **dimension budget** tab
- Click in the relevant field/s and type in your budget per dimension (in this example, client)/account
  - You can enter a** total **to evenly split across the year
  - or enter each month individually** **

> ⚠️ **!!Amounts are entered/displayed in thousands!!**


![image](media://4dfcc7ae-2253-411d-a473-a824ae231604)


- Once the budget is complete, click to **transfer amounts to account budget**. This will transfer and sum revenue against your standard account-based budget

![image](media://488b5bbb-be10-468f-bed2-70d8ce0ddf17)


- The amount will be summarised and displayed to the relevant accounts on the **account budget** tab

![image](media://b284d26a-99cc-4073-9f12-a56521ad378f)


- You can now continue to enter further budget values for other accounts as required

> 📝 You <u>cannot</u> update the values in the **account budget** tab, you must go back to the **dimension budget** tab to do this.

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## REPORTING ON FINANCIAL BUDGET 

There are several areas in WorkBook where you can report on your financial budget. The two reports where we see this used most often are: 

### Net Revenue Forecast

![image](media://ee62356e-2be7-43f3-ad8f-54d17b4ccd32)

### Report 314 - Statement of Accounts by Dimensions 

![image](media://f4fac213-8bf7-4f7b-9390-949b2f4c91b6)

> ℹ️ For more information on financial reporting in WorkBook please refer to [this video](https://vimeo.com/manage/videos/384293806)

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**Related articles**

> Macro (contentbylabel)