CREATING BUDGETS
Budgets are an important part of planning income and expenses for a business and QuickBooks Online has all the tools that you need.
Other Bookkeeping Services
- Bank Reconciliations
- Record Debit/Credit Card Transactions
- Process Regular Payroll Checks
- File Federal and State Quarterly Taxes
- Process Year End W2 For Employees
- Create and Enter Customer Invoices
- Post Customer Payments and Bank Deposits
- Process Monthly A/R Statements
- Review Customer Aging Report
- Prepare Profit and Loss Statement
- Prepare Balance Sheet Statement
- Process Scheduled Sales Tax Payments
- Prepare Regular Sales Tax Filings
Budgets are an important part of planning income and expenses for a business and QuickBooks Online has all the tools that you need.
The budgeting portion of QuickBooks online allows for creating a budget each for income and expenses. Here are some of the various options available:
- Input income and expenses for each year.
- Amounts for each income and expense account can be entered by month, quarter, or year.
- Budgets can be set overall for the entire company or specific to a customer, sub-customer, or project.
- Budgets can also be created by a class category.
After you create the budget and save it, the Budgets vs. Actual report will show the budgeted amounts compared to the actual figures. The report will also show the over or under for each line item as well as the percentages.
Step by step
How to Get Started
01.
Initial Meeting
We will sit down with you in person or on the phone to discuss your individual bookkeeping needs.
02.
Create a Plan
Based on your individual needs, we will create a plan and a schedule of the work for you to review.
03.
Provide a Quote
We will provide you with a quote to handle the regular bookkeeping based on the finalized plan.
04.
Get to Work
Our staff will follow the agreed upon plan and schedule and take care of the bookkeeping for you.