On a fixed budget? Your small business may need a fixed budget. This tutorial will explain budget vs forecast and how QuickBooks Online has both in this special budget tool. It will help you create and do budgeting for an individual like yourself and do budgeting for a small business or family.
Any household managing non-business finances, or even a large company that needs multiple budgets, can use the budget feature in QuickBooks online to crate as many as they need. The results show on the “budget vs actual” report. This will really reveal where you’re going over budget or under budget so you can have clear Insite into your future business decision making process. You will see a budget example and how to navigate the budget window in QuickBooks online.
Although this video will show how to use it for an individual, family or household, it can be used the exact same way when making a business budget. You will see a budget example and how to navigate the budget window in QuickBooks online.

Table of contents:

00:00 Chapter 1 Introduction To Home Budget and Business Budget
00:32 Chapter 2 Why Do We Use A Home Budget?
01:32 Chapter 3 How Do budgets Work
04:15 Chapter 4 First Practical Example Of a QuickBooks Online Budget
06:30 Chapter 5 Navigating The Budget Window
14:43 Chapter 6 Viewing The Budget vs. Actual Report
15:58 Second Practical Budget Example

That full home finance course is coming soon but until then, first here is the old Q.B.O. Home Finance playlist. It has everything very clear but not fancy……..

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If you like Serena’s appearance at the beginning, here she is at 7 years old teaching accounting to the world……………………………………………

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Here are other videos you will probably need…………………

Importing Transactions In To QuickBooks Online (Bank Feeds) Connecting To bank :

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Bank Reconciliation And Proving QuickBooks Correct…
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Mark Smolen is a certified instructor and the creator of the QuickBooks Instructional YouTube Channel and Website.

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