Budget and Budget Report treat income tax differently

guyhorsley's Avatar


08 May, 2021 12:49 PM

I have created a budget in Budget Manager that includes Income as a positive amount and Income Tax and National Insurance (NI) as negative amounts. The total income is correct as my net income.
When running a budget report the Income Tax and NI amounts are wrongly displayed under the Budgeted column as positive amounts. The total Budgeted net income is therefore incorrect and over stated because it adds the Tax and NI payments rather than subtracting them. The amounts in the Budget report Actual column are shown correctly.
As a result, although my Income Tax and NI payments are exactly as budgeted the Budget report shows a mis-match.
What is wrong?

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