Create a Budget | Accounting and Bookkeeping Software | UK Compliant.

Budgets in Britixo allow you to plan, track, and compare actual performance against your financial goals. You can create budgets from scratch, use past data, or import them from other systems.

Create a New Budget

1. Go to Accounting → Budget.
   
   

2. Click New.
   
   

3. Click Next to proceed.
   
   

4. Enter the Fiscal Year, then choose either:
   
   

• Profit and Loss, or
  
  

• Balance Sheet.
  Click Next.
  
  

5. If Profit and Loss is selected → Choose:
   
   

• Create budget from scratch, or
  
  

• Create budget from previous year's actual data → Click Done.
  If Balance Sheet is selected → Click Finish.
  
  

Import a Budget

1. Click Import Budget.
   
   

2. Download the correct template by selecting:
   
   

• Sample for the Month,
  
  

• Sample for the Quarter, or
  
  

• Sample for the Year.
  
  

3. Fill in the template with your budget data → Save the file.
   
   

4. Enter the Year and Type (Profit and Loss or Balance Sheet).
   
   

5. Select the Excel File → Click Import.
   
   

6. If errors occur, download the Error File to review and correct mistakes.
   
   

Note: If the wrong type is chosen, the system will still show the import as successful, but the budget data will not display in that type.

Edit a Budget

1. Go to Accounting → Budget.
   
   

2. Open the Budget tab.
   
   

3. Use the dropdown to select the budget you want to edit.
   
   

4. Make necessary changes.
   
   

5. Click Save to apply updates.
   
   

Delete a Budget

1. Go to Accounting → Budget.
   
   

2. Open the Budget tab.
   
   

3. Use the dropdown to select the budget to remove.
   
   

4. Click Delete → Confirm deletion.
   
   

Review Your Budget

1. Go to Reports.
   
   

2. Select one of the following reports:
   
   

• Budget Overview
  
  

• Profit and Loss Budget vs Actual
  
  

• Profit and Loss Budget Performance
  
  

These reports allow you to compare planned budgets against actual financial results.

With Britixo’s budgeting tools, you can manage your finances proactively, ensuring that your business stays on track with planned targets.