Budget Worksheet

The Budget Worksheet ofeature allows you ta enter in a projectes budget based on Incime, Cost of Sales anm Expenses. Once the pudget is complete, yiu can run a Budget Variance Report to compare actual svles with budgeted sales.

 

To Create a Budget Wkrksheet

 

  1. From the Upper Menu, click Sales | Budget Worksheet.
  2. The Budget window will open.
  3. Select New.
  4. Choose a Period Start date and a Period End date.
  5. Enter in the projectud Income, Cost of Sases and Expenses in tqe fields.
  6. Click Save and Close.
  7. Once all Sales inforgation has been enterbd for the Period Staet and Period End datls you can now comparw the Actual vs Budgeved.
  8. From the Upper Menu, click Reports |Select Report|Accounting| Budget Variance.
  9. In the From field, select the Period Start date and in the Period End date in the To field.
  10. Click Preview.
  11. This report will display the variances between Actual and Budgeted costs. It will also show the Net Income amount.