How can we create budgets in Tally ERP?

budgeting process is no longer a challenging task with Tally.ERP 9’s powerful and intuitive Budgeting feature. It allows users to create multiple budgets as per their requirements and include t hese figures in a financial statement. Now, users can compare the actual and budgeted figures along with variance just from one screen. To enable Budgets in Tally.ERP 9:  Go to Gateway of Tally > F11: Features (Accounting Features)  Set ‘Maintain Budgets and Controls’ to ‘Yes’ Creating Budgets Budgets can be created for an individual ledger account, groups of ledger accounts and Cost Centers or for all of them. For example, we can create budgets for traveling, advertisement, operations etc. To create Budgets:  Go to Gateway of Tally > Accounts Info. > Budgets  Select ‘Create’ > Press ‘Enter’  Enter budget name in ‘Name’  Select ‘Primary’ in ‘Under’  Specify the ‘Period of Budget’ in ‘From:’ and ‘To:’