QuickBooks All-In-One Desk Reference for Dummies by Stephen L. Nelson

QuickBooks All-In-One Desk Reference for Dummies by Stephen L. Nelson

Author:Stephen L. Nelson [Nelson, Stephen L.]
Language: eng
Format: epub
Tags: Desktop Applications, Computers, Personal Finance Applications
ISBN: 9780764576621
Amazon: 0764576623
Publisher: For Dummies
Published: 2005-01-28T00:00:00+00:00


21_576623 bk04ch03.qxd 12/22/04 7:41 PM Page 309

Using the Set Up Budgets Window

309

Using the Set Up Budgets Window

After you’ve come up with a budget — presumably by using a tool like the one described in Book VI, Chapter 2, and by employing the sorts of budgeting tactics described previously in this chapter — you record your budget in QuickBooks.

Creating a new budget

To create a new budget in QuickBooks, follow these steps:

1. Choose the Company➪Planning and Budgeting➪Set Up Budgets command.

QuickBooks displays the Create New Budget window, shown in Figure 3-1. You use this window to record the amount that you expect for each revenue and expense account for each month during the year in which you are budgeting.

Figure 3-1:

The Create

New Budget

window.

2. Click the Create New Budget button to create a new budget.

Book IV

Chapter 3

This opens the Create New Budget dialog box, which you use to create Preparing a Budget

a new budget (bet you wouldn’t have guessed that).

3. Select the fiscal year period.

You need to identify the fiscal year you’re budgeting for. To do that, enter the fiscal year in the provided text box, as shown in Figure 3-1. If you are budgeting for fiscal year 2006, for example, you use those buttons to change the year to 2006.



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