> For the complete documentation index, see [llms.txt](https://docs.greytrix.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.greytrix.com/sage-crm-add-ons/crm-budget-planner/user-guide/creating-new-budget.md). # Creating New Budget #### Creating New Budget To create a new Budget, follow the steps below: 1. Navigate to the **CRM Menu**. 2. Right-click on **New**. 3. Select **Budget** from the available options. The **New Budget** screen will be displayed. This is the initial step where users must specify whether the budget should be associated with a **Person** or a **Company**.

Once the required entity type (**Person** or **Company**) is selected, the user will be redirected to the **New Budget** screen where the budget details can be entered.

The **Total Budget** Value entered will automatically be divided by **12** to calculate the monthly budget allocation. The following fields are available on the New Budget screen:


Field Name	Type	Description	Action
Budget Name	Text	The Budget Name to be associated with the Budget	No action
Grantee Name	Advanced Search	The Person or company to be associated with this budget	No action
Obligated Amount	Currency	The full amount of the budget to be allocated	No action
Award Start Date	Date	The date the budget runs from	No action
Award End Date	Date	The date the budget runs to	No action
Unliquidated Advances	Currency		No action
Cost Share Amount	Currency		No action
Weighted Exchange Rate	Decimal		No action
Budget Exchange Rate	Decimal		No action

After entering all required budget details, click Save. The user will then be redirected to the **Budget Summary** screen.

### Budget Summary Screen The **Budget Summary** screen provides an overview of the selected budget and its associated **Budget Line Items**. This screen includes filtering options that allow users to view specific Budget Lines based on selected criteria. #### Budget Line Filters

Field Name

Type

Description

Action

Status

Selection

The current status of the budget. Default options are:

- Pending Approval

- Approved

- Disapproved

Returns all Budget Lines of the selected status

Type

Selection

A general type that best describes the budget

Returns all Budget Lines of the selected type

### Additional Tabs in Budget Summary The Budget Summary screen contains additional tabs to help users track and manage budget-related information. #### Lines Pending Approval Displays a list of **Drawdowns** associated with the budget that are awaiting approval. #### Lines Disapproved Displays a list of **Drawdowns** associated with the budget that have been rejected or refused. #### Tracking Provides tracking information related to the budget activities. #### Communications Displays all communications linked to the selected budget. #### Documents Displays all documents associated with the selected budget. ### Copy Budget Functionality The **Copy Budget** option is available on the right-hand side of the Budget Summary screen. This functionality allows users to create a new budget by using an existing budget record as a template. It is particularly useful when creating multiple recurring or similar budgets, as it reduces the need to manually enter the same information repeatedly.