---
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title: Create a Budget and a Budget Allocation
collection: admin
version: current
locale: en-us
portal_url: https://docs.salesforce.com/admin/current/en-us/sfdo/264-0-0/gm_create_budget_budg_allo.md
canonical_url: https://help.salesforce.com/s/articleView?id=sfdo.gm_create_budget_budg_allo.htm&release=264.0.0&type=5
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content_type: documentation
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description: Create a Budget to define the amount you expect to disburse for a specific period. Monitor funds that are committed to or disbursed from the Budget by using Budget Allocations.
products:
  - Nonprofit
release: "264"
---
# Create a Budget and a Budget Allocation

Create a Budget to define the amount you expect to disburse for a specific period. Monitor funds that are committed to or disbursed from the Budget by using Budget Allocations.

1. From the App Launcher (![App Launcher icon](https://sf-zdocs-cdn-prod.zoominsoftware.com/tdta-sfdo-grants_management-264-0-0-production-enus/d4e7b98d-b7c0-4567-9e74-1c2abf270665/resources-product/images/app_launcher_grey.png)), find and select **Budgets**.
2. Click **New**.
3. Enter a name and any additional details about your budget.
4. Save your changes.
5. In the Budget Allocations related list, click **New**.
6. Enter a name and any additional details about your budget allocation.
7. Save your changes.