By Stephanie Elsen
Budgeting is an estimation of the revenue and expenses for your company over a specified future period of time. In order for your budget to benefit you, it needs to be monitored on a regular basis.
Budgeting lets you look at “what-if” scenarios. What if you purchased a new asset? What would be the change to your cash flow? This enables you to make smarter buying decisions.
So yes, a budget can definitely help you! All CenterPoint Accounting Software products contain budgeting capabilities. If you are interested in getting help setting up and using budgets in CenterPoint, call your Customer Care support number, and the support experts will be happy to help you!