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QuickBooks Tips Blog

QuickBooks Video Tip: How To Enter A Budget In QuickBooks

Posted by Matt Roberge on Aug 27, 2014 7:00:00 AM

Entering a budget in QuickBooks is an incredibly important bookkeeping step that many small businesses skip. Most small business owners analyze the QuickBooks profit and loss but tend to ignore their budget and forecast. I would find it difficult to run a business without a budget and forecast because I would have no measure of how the business is performing. Without creating a budget and doing some comparisons with your actual financial statements you have no idea of how your business is performing financially. Watch this QuickBooks video tip on how to enter a budget in QuickBooks and use it to manage your business. 

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Topics: QuickBooks Tips, QuickBooks Video Tips, Financial Forecasting, Financial Reporting, Business Budgeting, QuickBooks Budget

Powerful Looks at Your QuickBooks Profit and Loss

Posted by Matt Roberge on Jul 23, 2014 7:00:00 AM

There are some really powerful ways to customize your QuickBooks profit and loss. I see a lot of business owners run a standard profit and loss and race to the bottom of the report to look at net income. When they see a positive number they are thrilled thinking to themselves (or sometimes out loud): "we made money!" While it may be true that you turned a profit you are really missing out on some in depth and powerful ways to analyze your profit and loss. Today I'm going to dish and give you the goods on your QuickBooks profit and loss.

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Topics: QuickBooks, QuickBooks Tips, Financial Reports, quickbooks reports, Financial Forecasting, Financial Reporting, Business Budgeting, QuickBooks Profit and Loss