Post Budget Virements

Budget virements are used to show the transfer of budget income or expenditure from one nominal and account to another.

  1. In Accounting, go to Options > Budget Amendments.

  2. Select the required budget from the drop down list.

  3. Click in the nominal field and type in the first nominal to be used in the virement. You will then be prompted to select the account.

  4. Click in the Change box and enter the amount required. If you are crediting the nominal and account, you will need to use a minus in front of the number.

  5. You will then be required to balance the posting by entering additional lines underneath. You can post multiple virements in one go as long as the overall posting balances.

  6. Once you have completed all virements, click the Post button at the bottom of the window.
    The example below will increase the income on LLL1000 nominal and IEFA account and decrease the income on LLL1010 nominal and IINC by £100.00.

Reporting on Virements

When the virement has been posted, it creates an entry on the database. The Support Team will be able to extract this from the database for you as there is no reporting function on these transactions. The virement posted in our example can be shown highlighted below.