Autobooks makes it easy to enter in a budget that you can then track your business' income and expenses against to then find a projected net income.
You can get to the Budget page by taking the following steps:
- Click on Accounting > Advanced > Budget
- Once you're on the Budget page, you can either filter your business' budget by a specific period within a fiscal year, or a given fiscal year
- After you have the proper time period selected, you can enter in the amount you are expecting to bring in (or spend) for each of your business' income and expense Accounting Categories.
- After you've entered these values in, you will want to click on the [Save Budget] button to commit the updates that you've made
You can review these budgeted amounts and compare them against what you've actually categorized to each Accounting Category by viewing the Budget report, which you can learn more about here.