When you set up a budget, you have a new "slot" for each item, right? What do you call such slots? Budget entry? Budget post? Something else entirely?

Note that I'm not talking about the various sums of money you put aside for each item; I just want to know what you call the actual slots/posts/entries in the actual, physical budget. A little bit like we talk about entries in a dictionary, for instance.

  • When you set up a budget, you have a new "slot" for each item, right? No, not necessarily... I don't think I do. I would call them "an allocation".
    – Greybeard
    Jan 4 '21 at 10:50
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    This document describes them as categories. mint.intuit.com/mint-categories
    – JavaLatte
    Jan 4 '21 at 11:30
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    line item? Jan 4 '21 at 12:17
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    Not at all. "Entry" is a perfectly good usage for this. However, it's also a very broad usage; when spending under your budget includes multiple expenditures for a particular line item, the record of each is also legitimately called an "entry" - for example, if the line item for housing in your annual budget is $36,000, each monthly expenditure of $3,000 would be recorded as a separate entry in your records. Jan 4 '21 at 12:21
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    Entry depends entirely on what report you are looking at. An entry in a summary might be a for group of categories: an entry in a detail ledger would be for one particular item- for one advertisement that is included in the advertising budget.
    – JavaLatte
    Jan 5 '21 at 3:33

These are simply called "items", or possibly "categories".

When making accounts, each line in a ledger is an "entry". However, all entries are collated at the end of a financial year and grouped into 'items'. Accounts that detail each kind of income and expenditure, rather than just give a total profit/loss, are called "itemised accounts".

A budget is grouped from the start, because it looks forward to a new financial period just as a set of accounts looks back at one that has passed. Like accounts, a budget can be "itemised". A single figure representing a total amount of money could be called a "budget", but if a document breaks it down into kinds of income and expense, it is an itemised budget.

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