The Budget Allocation Table (under Setup menu) has an auto-update option which may be more advantageous than this % of Account Range option.

The following example shows how to calculate FICA based on a percentage of salary accounts.

Click the % of Account Range option

Enter the range of salary accounts to be calculated. You can calculate at any level of range of accounts. The level of accounts calculated dictates the level of account to be updated. The example represents the range of all salary accounts.

Enter the budget year.

Click OK.

Enter the percentage rate. (FICA is currently 6.2%.)

Enter the account# for the FICA account budget to be calculated.

Click OK to perform the calculation. Based on the account level range selected, every FICA account (2310) will be updated.

The following example represents a limited range of accounts. In this calculation, only Fund 01, Branch/Dept 00101 would be calculated and the FICA account (2310) updated in Fund 01/Branch/Dept 00101.

Warning: If any budget amounts have previously been entered in the account# to be updated, they will be overlaid.

See Tools-Account Selection Budget Options-Clear Budget if, for any reason, it is necessary to remove the budget amounts just calculated.