QuickBooks Bugeting: How to set up a budget in quickbooks

Budgeting is one of the major planning tools a business need to control expenses and anticipate revenue flow.

Quickbooks helps business to set up a budget and at the same time, generate a progress report that compares it actual performance to estimate money flow.

To set up a budget in Quickbooks, click Company, select Planning & Budgeting and Click on Set Up Budget

 A Bugdet window pops up which should help you enter your planned income and expenses for the year.

At the top left, select the profit and account to set up budget for.
 In each of the field, you would be required to enter you estimated income and expenses. Once you are done filling the required field base on your business operations, click OK.