The chapter’s budget may be edited at any time and should be edited anytime there is a change in payables and receivables that will affect the net income. For example: If the chapter anticipated recruiting 15 new members for Fall but only recruited 2 or if the chapter did not have a chapter house when the budget was created but now does. Editing the chapter’s budget throughout the year will allow for a better forecast of payables and receivables and ultimately help guide the chapter through a financially successful year.
To edit a budget in Vault > Accounting > Accounting Tools > Budgets.
- Select the
icon to edit your budget. - Select the
icon to view Budget Reports. - Select the
icon to view the revision history. - Select the
icon to trash the current budget.
