If you want to create a stellar QuickBooks Online budget, then you do need to set aside some time to work on it. The more you plan, the more useful it will be. It’s pointless if you don’t also set aside the time to review the budget vs. actuals report on a monthly basis.
The suggested process is that you have a deadline for each month when the bookkeeper must have all accounts reconciled. This is how you know when the actuals are complete. Then you can schedule your budget vs. actuals review to happen on a set day after that.
Let’s take a look at how to create a stellar budget in QuickBooks Online. Watch the video above to see what this looks like