tag:infinitekind.tenderapp.com,2009-01-14:/discussions/budgeting/2862-producing-new-budgetInfinite Kind: Discussion 2022-06-28T12:20:21Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/523672222022-03-29T10:48:22Z2022-03-29T10:48:22ZProducing new budget<div><p>Hi Colin,<br>
Thank you for contacting Moneydance support.</p>
<p>There are two types of budget available within Moneydance, and you can read about them both in <a href="https://infinitekind.tenderapp.com/kb/budgeting-2">this section</a> of the knowledge base.</p>
<p>Go to Tools —> Budget Manager, and select ‘New’. You can then enter the budget name and select the ‘period’.<br>
Selecting either <em>Weekly, Biweekly, Monthly</em> or <em>Annually</em> will create budget using this time period, and the 'Newer' budget format.<br>
Selecting <em>Mixed Interval</em> will create an older style budget, which can have categories with different time intervals.</p>
<p>I would recommend using the 'Mixed Interval' format. Using the budget type, you can amend the start and end date for each budget item, and they're not set as the specific month/year etc.</p>
<p>Please note the budget feature picks up all expenses based upon the categories used. So you could not limit the budget to one account for instance, unless you built a separate set of categories to only be used by that account.<br>
Using the <strong>Foresight feature</strong> under the Tools tab on the other hand, will allow you to predict your future balances for just one account based upon your current balance and your reminders.<br>
For further information please refer to <a href="https://infinitekind.tenderapp.com/kb/foresight/foresight-budgeting">this article</a> of the Knowledge Base.</p>
<p>I hope this information is helpful. Please let us know if you have further questions or need more assistance.</p>
<p>--<br>
Maddy, Infinite Kind Support</p></div>Maddytag:infinitekind.tenderapp.com,2009-01-14:Comment/523672222022-03-29T12:13:40Z2022-03-29T12:13:40ZProducing new budget<div><p>Hi Maddy</p>
<p>Thank you for your response.</p>
<p>I have done a mixed interval budget and entered all the category detail line by line, but when it is completed it does nort show what my total budget income/expenditure totals are, so if they exceed my income what amendments I should make.</p>
<p>That is my problem. There is no facility in the drop down to achieve this</p>
<p>Colin</p></div>Colin Bradford