• mary-ellen

    October 24, 2023 at 1:41 pm

    We have used Excel/Google Sheets for many years for budgeting (Quickbooks for accounting). We create an operating budget (very detailed) and a capital expenditures budget (pretty simple). A spreadsheet allows you to build all kinds of detail, formulas, past comparison data, program statistics, etc. Very flexible. Then we use it again 2/3 of the way through the year, to project the current actual P&L forward to year-end and compare it to the original budget. Very helpful for making year-end operating decisions. After the budget is approved, we input it to Quickbooks so that we can run Budget vs Actual reports throughout the year for the Board.