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Do I enter my budget as positive or negative values?
Do I enter my budget as positive or negative values?
Alexandra Henley avatar
Written by Alexandra Henley
Updated over a week ago

In your planning tab Figured outlines all of your accounts from your accounting software's chart of accounts.

For your budgets and forecasts you need to enter your $ values against these accounts as either positives or negatives, depending on the account type and if you're wanting to reflect an increase or decrease in bank account balance.

Expenses: Positive, money going out. Negative, money coming in
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Income: Positive, money coming in. Negative, money going out
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Non-operating movements: Positive, money coming in. Negative, money going out

Non-operating movements and movements in equity accounts can reflect both money going into and out of your bank account, ensure you enter these accurately.ย 

A positive amount represents money coming in and a negative amount represents money going out.

For expenses (including non-operating expenses) you enter outgoing costs as a positive, and a negative would be a credit note or refund. For income (including non-operating income) you enter this as a positive, and a negative would be a credit note or refund.
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