You can set up a budget in QuickBooks that can be used to track your company's financial progress throughout the year and to draw comparisons between actual and budgeted performance. The easiest way to begin budget creation is to use a year-end income statement from your company's previous year. You can use the numbers on the financial statement to get started with your budget and then fine-tune the budget after all the prior year's numbers have been entered. QuickBooks has created a wizard to walk you through the process of setting up your budget.
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