18. Using Other Planning and Management Tools
Planning and Budgeting
Like most business owners I have met, you probably know where your money will be spent each month yet you might not see the value in writing it down. There is an old saying that is very appropriate here: “When you fail to plan, you plan to fail.” This saying couldn’t be truer than when it comes to watching your business financials.
QuickBooks makes the task of creating and tracking a financial budget for your business easy. Just follow a few steps and in no time you can print useful reports that track actual financial performance and compare it to your original budget.
Create a Budget
The first step is to set up a budget. Follow these steps to begin using this feature in QuickBooks: ...