-<li>Fund Code is a unique identifer for your fund</li>
-<li>The Fund Name should be something that librarians will understand</li>
-<li>Amount should be entered with only numbers and decimals, no other characters</li>
-<li>You can choose to assign this fund to a librarian. Doing so will make it so that only that librarian can make changes to the Fund</li>
-<li>Choose which library will be using this fund</li>
-<li>You can restrict who can order from this fund by choosing either the owner or the library from the 'Restrict access to' menu</li>
-<li>Notes are simply for any descriptive notes you might want to add so that librarians know when to use this fund</li>
-<li>Planning categories are used for statistical purposes. To learn more about planning categories, check out the Planning Category FAQ.</li>
+<li>Choose the time period this budget is for, whether it's an academic year, a fiscal year, a quarter, etc.</li>
+<li>The Description should be something that will help you identify the budget when ordering</li>
+<li>In the amount box do not use any symbols, simply enter the amount of the budget with numbers and decimals.</li>
+<li>Marking a budget active makes it usable when placing orders in the acquisitions module, even if the order is placed after the budget end date. This will allow you to record orders that were places in a previous budget period.</li>
+<li>Locking a budget means that Funds will not be able to be modified by librarians</li>