What's the difference between Normal and YTD mode?

Budgets

Determine how you want to record amounts. When you select year-to-date the system use the amount that you enter as the current budgeted amount. The system subtracts the Current Budgeted Amount from the Previous Budgeted Amount, then uses the difference as the adjustment amount for the adjustment entry.

On the other hand, use normal when you want to enter the adjustment amount. The system adds the Adjustment Amount to the Previous Budgeted Amount and records the new amount as the Current Budgeted Amount.

Note: It is easier to adjust the budget numbers by making a new entry than it is to try to edit the original entry using Year-to-Date mode.

Watch a video

Watch a video that explains the difference between Normal mode and YTD mode in Enter Budget Amounts.

Year-to-Date (YTD) Mode Example

If a supplies expense account currently has a budget of $2,000 and Jane wants the budget amount to be $3,000, Jane uses Year-to-Date mode to enter $3,000 in the Amount field. Then the system will create an entry for $1,000 to increase the current budget to equal the new amount.

Normal Mode Example

If a supplies expense account currently has a budget of $2,000 and Jane wants the budget to be $3,000, Jane enters $1,000 in the Amount field. The system will then post the entry as it was entered. No comparisons will be made to the existing budget amounts for the account.