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