The Most Important Report in Quickbooks

Dreams are ephemeral.  It is easy to get lost somewhere between your dream and reality.  “Someday” is the perfect wormhole to escape accountability. 

How does the entrepreneur escape the Someday Trap?  By setting a budget and comparing current results to it. 

The budget function in Quickbooks is not the most robust, but it is still useful.  Based on your current income statement structure, it is easy to set up and use.  Create a budget based on last year’s numbers (if you have them) and tweak for your expectations for the current year.  Then you can run the report Profit and Loss Budget Performance monthly to compare actual numbers to your drea—projections.

 Wormhole closes.   Reality enters.  Now, and only now, can you navigate for success. 

Kate