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To set up the accounting budget screen in Church Track, you need to prepare three essential items: 1) Your bank statement from the month prior to starting, for all accounts you intend to add. 2) A list of all your organization's funds or designated balances, which will guide you on the expected amounts in each fund during setup. 3) A budget or a detailed list of your income and expenses, outlining all income and expense categories for your organization. Church Track operates on a single-entry, cash-based accounting system, so having this information ready is crucial before you begin the setup process.