Rolling over a budget carries the key details from the previous period into a new draft, saving you from re-entering information manually. Cancelled tenancies are not carried over.
How to Roll Over a Budget
Navigate to the property, click the Outgoings tab, then the Budgets tab.
Select the budget you want to roll over.
Click Roll Over.
Update the Budget Title and confirm the start and end dates.
Adjust each line with the desired percentage increase if applicable. For specific dollar amount changes, edit the budget after the rollover.
Click Roll Over Budget to generate a new draft budget.
Editing the Draft Budget After Rollover
Select Edit Allocations to view the budget as a table and make broad changes.
Or click individual allocations to adjust specific entries.
This step also introduces any new tenancies to the budget.
Once the budget is accurate, approve it as normal.
Budget terminology varies by region: Asia-Pacific customers refer to it as Budgeted Outgoings, European customers as Service Charge, and North American customers as Operating Expenses. For more information on regional terminology, see our Glossary of Regional Terminology.