Compounding the Annual Budget Dialog Box

Use the Compounding the Annual Budget dialog box to compound budget amounts based on a percentage or on an amount.

 

You display the dialog box from the Consolidated GL form.

  1. In the Navigation pane, select General Ledger > Consolidated GL.
  2. On the Consolidated G/L Budgeting form, on the Budget tab, select the account row in the Budget grid.
  3. On the grid toolbar, click Other Actions > Compound Annual Budget.

Use the fields on the Compounding the Annual Budget dialog box to compound annual budget amounts based on a percentage or a monetary amount.

You cannot compound by percent and amount simultaneously. Each time that you click Apply, you adjust by only the value in the corresponding field.

Field Description
Percent Enter a percentage. To calculate the budget for each period, Vantagepoint increments each period amount by the percentage that you enter.

Vantagepoint does not perform the calculation until you click Apply.

Amount Enter a monetary amount. To calculate the budget for each period, Vantagepoint increments each period amount by the amount that you enter.

Vantagepoint does not perform the calculation until you click Apply.

Help Image

Stuck? We are here to help!

Having an issue with a course, webinar, or other content in Skilljar Academy? Our education specialists are here to help.

Get in touch