How to Create Budgets in Xero

Keep track of your income and expenses by setting up and using budgets in Xero.
Use Xero’s Budget Manager to create a budget quickly and easily. Import budgets from Excel into your Xero organisation. Add budgets to your reports and compare your business performance.

Help set business goals by creating a budget and understand how well your income and expenses are tracking.

Create budgets for your tracking categories in Xero to compare against actuals for improved departmental reporting.

Run the Budget Variance report in Xero. Filter the Budget Variance by tracking categories.

Customise your dashboard to add budgets and quickly spot variances in your most important accounts.

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Video contents:

00:00 Benefits of using budgets
00:36 Add a budget using Budget Manager
03:18 Export a budget
03:36 Edit your budget in a spreadsheet
05:20 Import a budget
06:06 Create a budget for a tracking category
06:56 Copy a budget
07:56 Import a 5 year budget
09:31 Budget Variance report
10:39 Run the Budget Variance by tracking category
11:11 Add a budget to your Dashboard