Business Budget Categories
I am looking into setting up my business budget with ynab. I was wondering if anyone would be willing to share their business budget's category structure to help give me ideas on what to include in mine as I am just getting started.
Hi Navy Blue Foal ! If you haven't seen it yet, check out our free workshop on Using YNAB for Small Business! There is some category inspiration there, and I'm sure other small business users will chime in as well. 😀
These are the categories I have set up. Of course, a few are specific only to my business, but you'll get the gist. I still use Quickbooks, primarily for my accountant to do my taxes every year and for running P&L Statements. YNAB helps me to keep up with how my funds are allocated through the month. I have a spreadsheet that I use for annual planning/projecting and I use that information to allocate my funds at the beginning of each month in YNAB.