Using the QuickBooks Budget and Planning Tools
In this chapter:
• Budgeting in QuickBooks
• Creating your budget
• Making reports with your budgeted information
• Projecting cash flow
A budget is a tool for tracking your business’s progress against your plans. A well-prepared budget can also help you decide when it’s best to make a major purchase, hire additional staff, or draw money out of your business account. The ability to project profitability and cash flow by using actual data and then applying “what if” scenarios helps you decide whether you can increase or decrease expenses and prices. This chapter shows you how to make the budgeting and planning tools built into QuickBooks work for you.