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In MYOB Accountants Office Practice Manager (AO PM), prior to the start of a new accounting year, sites using employee budgets need to enter the budgets for the new year.

How to update the budget for each employee
  1. Click Contacts drop down arrow and select Employees. The Find Employees screen appears.
  2. Type the employee code in the Search For field and click Search. The Employee record appears.
  3. Double click on the Employee name to open the record. The Employee record appears.
  4. Ensure the Budget tab is selected. The Budget tab appears.
  5. Select the Budget Year from the drop down list. The budget year displays.

  6. Enter the budget amounts for the employee and click OK to save the changes.

Budget Amount Fields

Field Name

Description

Standard Hours

The standard working hours per month for the employee

Charge Hours

The number of hours which are chargeable

Standard Amount

Calculated automatically based on the Standard Hours entered and the employee charge rate

Charge Amount

Calculated automatically based on the Charge Hours entered and the employee charge rate