Example: Default Pattern

A coffee shop sells its products evenly throughout the year. It does not need to create a seasonal pattern code to identify percentages for revenues and expenses. The default budget pattern code (blank) spreads the annual budget evenly across periods.

The coffee shop enters an annual budget amount of 120,000 for an account and leaves the budget pattern code blank and then runs a program to spread the amounts among the periods. The program identifies the total number of accounting periods set up for the company as 12. The program assigns a budget amount of 10,000 (1/12 or 8.33 percent) to each period.