To find free budget worksheets, choose a budget type, visit websites offering budget software, and enter all budget items into a template. Budgets are used to compare estimates against actual results, and creating a related worksheet is important for both individuals and businesses.Continue Reading
The type of worksheet you should use depends on whether your budget is for personal or professional purposes. Personal budgets contain basic items, such as income and expenses. Professional budgets include revenue, costs of goods sold and cash flows.
Free budgeting software is available through websites like Mint and BudgetPulse. These services offer budget wizards that feature various themes and styles. Choose whether you want to factor actual results into this budget worksheet. In addition, specify a period of time associated with the budget. Budgets can be used for weekly, monthly, quarterly or yearly purposes.
Enter all income estimates first and then follow with expense items. Be sure to consider the timeliness of each item. For instance, if an income item is only going to be recognized in one month, it is not applicable for every month in a yearly budget. As actual figures are available, enter these items into the budget worksheet to compare the results. The budget planning software then calculates the variance. The worksheet can be printed once it is complete.