---
title: Creating a Budget
description: Creating a Budget is very useful to see how your Available Scenarios can work for you!
---

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# Creating a Budget

## Creating a Budget is very useful to see how your Available Scenarios can work for you!

**To create a Budget, you must have at least one Available Scenario in your system.**

To see the difference between Scenarios and Budgets, please refer to our Knowledge Base article, “[Scenarios vs Budgets](https://knowledge.balancedcomp.com/scenarios-vs-budgets?hsLang=en)”.

1. Click on **Budgets** in the main nav.
2. Choose the option **Active Budgets** ![](https://knowledge.balancedcomp.com/hubfs/image-png-Sep-26-2022-09-18-16-25-PM.png)
3. Click on the green **Add Budget** at the top of the next page. **![](https://knowledge.balancedcomp.com/hubfs/image-png-Sep-26-2022-09-19-09-81-PM.png)**
4. In the modal, give your new Budget a **title** and check off the **Available Scenario(s)**  that you wish to include in your new Budget. ![](https://knowledge.balancedcomp.com/hubfs/image-png-Sep-26-2022-09-20-10-25-PM.png)
5. Click **Submit**.

 

 

 

 

 

 

 

 

 

 

 

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