diff --git a/C/guide/ch_budgets.xml b/C/guide/ch_budgets.xml
index 63900fb2..2611922c 100644
--- a/C/guide/ch_budgets.xml
+++ b/C/guide/ch_budgets.xml
@@ -206,7 +206,7 @@
The budgeted balance sheet is similar to the balance sheet. Both show the assets, liabilities, and
equity. The difference is that the balance sheet is based on historical data, and the
- budgeted balance sheet is based on the predictions made in the budget.
+ budgeted balance sheet is based on the predictions made in the budget. For more details, see Budget Reports
in the manual
diff --git a/C/manual/ch_Reports.xml b/C/manual/ch_Reports.xml
index 64a06ae8..35442824 100644
--- a/C/manual/ch_Reports.xml
+++ b/C/manual/ch_Reports.xml
@@ -3778,7 +3778,179 @@ Income (type INCOME)
Budget Balance Sheet
-
+
+ The Budget Balance Sheet is similar to the Balance Sheet (see ). Both
+ show the assets, liabilities, and equity. The difference is that the Balance Sheet is
+ based on historical data, and the budgeted balance sheet is based
+ on the predictions made in the budget.
+
+
+
+ The report contains the following elements:
+
+
+
+ Elements of Budgeted Balance Sheet
+
+
+ Assets: General
+
+ The value shown for each account is its balance as of the start date of the selected budget,
+ modified by the projected changes in this budget. So if all goes according to the
+ budget, these balances would be the same as if you were to run a standard Balance
+ Sheet as of the end date of the budget period.
+
+
+
+
+
+ Assets: Existing Assets
+
+ The sum of all budgeted asset accounts as of the start date of the budget. This is equivalent to the
+ Total Assets on the Balance Sheet when run for that start date.
+
+
+
+
+
+ Assets: Allocated assets
+
+ The sum of all Asset row totals projected in the budget.
+
+
+
+
+
+ Assets: Unallocated Assets
+
+ Of the profit you're projecting (New Retained Earnings as described below, which is subtracting
+ planned Expenses from planned Income), this field shows how much your (projected
+ Assets − projected Liabilities) are off by. If you're planning to net $100 monthly
+ ($1000 income and $900 expenses), and every hypothetical month your bank account
+ only goes up by $25 and you pay your credit card down by $26 (a combined increase of
+ only $51), you have a projected $49 of extra proceeds in the Income Statement that
+ doesn't have a corresponding increase in the Balance Sheet. If everything goes
+ exactly according to this budget, as‐is,
+ either the Balance Sheet will grow by $49/month more than you're projecting (the
+ projected income/expenses are right), or the Income Statement for the whole period
+ will show a $51/month gain instead of $100 (the projected assets/liabilities are
+ right). This formula is:
+
+ Unallocated Assets = New Retained Earnings − Allocated Assets − New
+ Liabilities
+
+
+
+
+
+
+ Liabilities: General
+
+ The value shown for each account is its balance as of the start date of the selected budget,
+ modified by the projected changes in this budget. So if all goes according to the
+ budget, these balances would be the same as if you were to run a standard Balance
+ Sheet as of the end date of the budget period.
+
+
+
+
+
+ Liabilities: Existing Liabilities
+
+ The sum of all budgeted liability accounts as of the start date of the budget. This is equivalent to
+ the Total Liabilities on the Balance Sheet when run for that start date.
+
+
+
+
+
+ Liabilities: New Liabilities
+
+ The sum of all Liability row totals projected in the budget.
+
+
+
+
+
+ Liabilities: Total Liabilities
+
+ The Existing Liabilities plus the projected ones (both explained above).
+
+
+
+
+
+ Equity: General
+
+ The value shown for each account is its balance as of the start date of the selected budget,
+ modified by the projected changes in this budget. So if all goes according to the
+ budget, these balances would be the same as if you were to run a standard Balance
+ Sheet as of the end date of the budget period.
+
+
+
+
+
+ Equity: Existing Retained Earnings
+
+ Retained Earnings as of the start date of the given budget. This is equivalent to the Retained
+ Earnings on the Balance Sheet when run for that start date.
+
+
+
+
+
+ Equity: New Retained Earnings
+
+ The sum of budgeted Incomes minus the sum of budgeted Expenses. The profit predicted by this budget.
+
+
+
+
+
+ Equity: Unrealized Losses
+
+ The total difference in value between all asset/liability accounts and their basis. This is
+ equivalent to the same total in the Balance Sheet as of the start date of the
+ budget.
+
+
+
+
+
+ Equity: Existing Equity
+
+ The Total Equity from the Balance Sheet on the start date of the budget. It is comprised of the
+ balance of the selected Equity accounts, plus any existing Retained Earnings plus
+ Unrealized Gain/Losses.
+
+
+
+
+
+ Equity: New Equity
+
+ The sum of projected amounts for equity accounts in the budget added to New Retained Earnings
+
+
+
+
+
+ Equity: Total Equity
+
+ The sum of Existing Equity and New Equity
+
+
+
+
+
+ Total Liabilities + Equity
+
+ Self Explanatory. This will equal Total Assets.
+
+
+
+