You can enter budgets on transaction accounts, total accounts, and group total accounts.
Budgeting on both transaction and total accounts
Typically, budgeting is done on either transaction accounts or on total accounts, but it is also possible to use both at the same time.
When a budget is used in reporting, for example, in a financial statement, the budget sum for the total account consists of both:
The budgets that are entered on each transaction ledger account within the interval of the total account
The budget amount that is entered directly on the total account.
This allows you to create separate budgets for the most significant transaction accounts in the interval of the total account and add the remaining budget amount to the total account.
Budgeting on transaction or total accounts
You can also choose to budget exclusively on transaction accounts or on total accounts.
If you enter budgets on a total account, then do not enter budgets on the transaction accounts that are included in the total interval.
If you enter budgets on the transaction accounts that are included in the total account interval, then do not enter budgets on the total account.