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How does budgeting work?
How does budgeting work?
Mark van der Genugten avatar
Written by Mark van der Genugten
Updated over a week ago

Do you want to have a clear overview of what you plan to spend and what you actually spend? InformerOnline makes it very easy to keep track of your budgets.

In the settings for the categories (general ledger accounts), you can specify the annual budget for a category.

In the example below, a budget of €1600 per year is assumed.

Through Overviews > Budgets, an overview can be generated that shows the balance according to the general ledger, the set budget, and the difference. As long as there is no negative amount under "Difference," the spending remains within the budget.

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