Setting Up Budgetary Positions

Grouping Accounts for Budgeting

Go to Accounting > Configuration > Budgetary Positions. Before creating any budget, decide how you want to group your chart of accounts for planning purposes — this is a one-time setup that every future budget reuses.

Creating a Position

1. Click Create.
2. Name – e.g. "Marketing Expenses", "Salaries", "Product Revenue".
3. Accounts – select every GL account that should count toward this position. A position typically maps to one or more expense/income accounts, not a single account, so a budget line can track a whole category at once.

Design Tips

• Keep positions aligned with how your P&L is already grouped (Cost of Revenue, Operating Expenses categories) so budget variance reads naturally against the P&L.
• Don't let positions overlap (the same account in two positions) — it double-counts that account's actuals across both budget lines.
• Create separate revenue and expense positions rather than one broad "everything" position, so favourable/unfavourable variance stays meaningful.