Basic Accounting Resources: Budgets

This 10-step budgeting checklist helps guide the budgeting process, which typically should begin at least three months before the end of the fiscal year to ensure that the budget is approved by the board of directors before the start of the new year.

The importance and uses of budgets in an organization, and the components that make up a budget. Use tabs above to access various types of interactive exercises and key terms.

A detailed explanation of how to budget, types of budgeting, the benefits, and the critiques of the budgeting process.

You need a business budget. Here's how to create one.

Explore how companies approach budgeting as well as how companies deal with missing their budgets.

Advice from the Small Business Administration

How-to guide that walks you through the simple steps of creating your own financial plan.

A step-by-step guide for how to create a business budget.

Demonstration of a simple budget spreadsheet from Entrepreneur website.

Understand what goes into a budget and the key steps involved in creating one.

Details why a business needs a budget, what components should be included in a budget, how to get started drafting a budget, and how to use the budget to better business performance. It also provides links to various budget templates.

The major objectives of budget systems include coordination, allocation of resources and general planning for operations.

Tips for planning small business budgets.

Interactive ten-question multiple choice quiz.

Business budget templates from Microsoft Office.

The cash flow budget worksheet allows the sensitivity analysis of your cash flow. Download this reusable worksheet template.