Budgeting

At Senstone, we will help you prepare your budget based on the needs of your business and your future plans and projections.

By establishing your performance goals and putting them into a plan, it allows us to monitor the business on an ongoing basis. We can compare the performance of the company to the budget on regular intervals, whether its monthly, quarterly or yearly. We can analyse any variances and update the budget where necessary.

Budgets on QuickBooks Online

We can create a budget on QuickBooks online and select whether the budget will be monthly, quarterly or yearly. We can prefill the budget with data from a previous year. We can also subdivide and select whether to split it by class, customer or location. We can then create a customised report that will allows to instantly obtain our QuickBooks records against the budget to see how the business is performing.

 

For more information on budgets and understanding why they are important,

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