QB Issue Resolution:

That really is a great question. I’m sure that you really didn’t do anything wrong, let me arm you with the knowledge that you will need to accomplish the task of setting up your budget.

Here is a great informative link that will give you lots of information on How to create budgets and how does budgeting work ?

I am so glad that you asked, let me know if you run into further questions.

Resolution for Issue 'When I go into budgeting it will not let me enter a new budget for the new year. What am I doing wrong.' available: Yes (Solved).
Source: Intuit Community forum.

When I go into budgeting it will not let me enter a new budget for the new year. What am I doing wrong.: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for budgeting i
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Error Recovery for budgeting i [Canada]
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