ERPNext Conference 2019* ERPNext.com Blog

Use of Balance Sheet Account in Budget


#1

I noticed currently, budgets cannot be created for accounts other than Expense or Income accounts.
Please is there a reason why this is so?

(on version 11)


#2

As per the standard accounting principles, budget is set to control cash flow against expenses/debits, not for income or assets. Hence, ERPNext doesn’t allow budgeting for balance sheet accounts.
On a side note, if you are looking forward to set sales target for the company, you can use the Monthly Sales Target field in Company master