How to Add a Budget

This guide quickly shows how to access and create budgets in the Accounting module, including where to find the Budgets tool, how to start a new budget, and what fields and grid layout you’ll use. It’s useful for anyone who needs a step-by-step reference to set up budgets correctly and navigate the related tabs and options.

7 steps

How to Navigate to Budgets

From the navigation menu, select **Accounting >** Select **Tools >** Select **Budgets.**

From the **Accounting module**, select the **Tools** tab > Select **Budgets.**

Budgets Tab Overview

How to Add a Budget

**Best Practice:** Create budgets for a single fiscal year. Avoid creating multi-year budgets. A one-year budget is easier to maintain and reduces issues while editing because budgets automatically save as changes are made.

To add a new budget, select the **Budgets + icon** on the navigation menu, or select **New Budget** from the Accounting modules Budgets tab.

Select the **Property/Company** dropdown menu > Choose from the **appropriate property/company**.

When creating a new budget, RAAMP loads the property's chart of accounts and related ledger information. Depending on the size of the property, this may take a few moments.

Budget Grid Overview

Enter the **budget information**. When completed, select the **Draft button** to toggle it off.

**Recommended Workflow** 1. Import historical Actuals first. 2. After actuals are imported, import Base Rent. 3. Then import CAM Recovery Estimates. Importing rents after actuals ensures projected rent values replace historical rent amounts instead of being overwritten by the actual import.

Related Tutorial(s): [How to Project a Value in a Budget](https://support.raamp.com/wiki/88)\ [How to Import Actuals](https://support.raamp.com/wiki/91)\ [How to Import Rents/CAM Estimates into a Budget](https://support.raamp.com/wiki/122)

How to Add a Budget

7 steps

How to Navigate to Budgets

From the navigation menu, select **Accounting >** Select **Tools >** Select **Budgets.**

From the **Accounting module**, select the **Tools** tab > Select **Budgets.**

Budgets Tab Overview

How to Add a Budget

To add a new budget, select the **Budgets + icon** on the navigation menu, or select **New Budget** from the Accounting modules Budgets tab.

Select the **Property/Company** dropdown menu > Choose from the **appropriate property/company**.

When creating a new budget, RAAMP loads the property's chart of accounts and related ledger information. Depending on the size of the property, this may take a few moments.

Budget Grid Overview

Enter the **budget information**. When completed, select the **Draft button** to toggle it off.