Is it possible to create a budget based on the previous year’s business performance in Zoho Books?

Yes, you can create a budget based on your previous year’s performance. Here’s how,

• Go to the Accountant module and choose Budgets.
• Click + New Budget in the top right corner.
• Enter the details such as Name, Fiscal year, and Budget period.
• Select the Income and Expense Accounts.
• If you want to include Assets, Liabilities, and Equity accounts in your budget, click the Include Assets, Liability, and Equity Accounts in Budget option.
• Click Create Budget.
• In the budget creation, click Pre-fill from Previous Years’ Actuals.
• Select a previous year.

• Click Pre-fill.
• The budget amount would be automatically filled based on selected year’s actual.
• Click Save.