Accounting Services - Budgeting

What is a budget?

A budget can be used by both businesses and individuals and is used to provide a picture of money that is coming in and money that is going out. Once these figures are determined you are able to put in place some forecasting and forward planning solutions that will help you be able to cover any future expenses, if and when they arise.

If your budget shows that you are making a Profit, this is referred to as disposable income, and loss is seen as the amount that you are overspending. Upon completion of a budget if you find that you are spending more than you earn, then action needs to take place, and you should either cut back on your spending, or find more sources of income.

Additionally, your current budget may show a profit but you may want to increase that amount, and so again, the completed budget can help you see where you may be able to cut costs or further increase incoming funds.

Do you wish to know more about budgeting? If you’re in the process of starting a business and require a comprehensive budget, perhaps you are an individual who wants to save a little more for that special purchase or maybe you simply want some advice on how to improve your existing budget, contact us now by submitting an online enquiry form or call 1300 QUINNS or on +61 2 9223 9166. Don’t forget to enquire about our FREE “Budget Spreadsheet” that we can email to you to help get your budgeting back on track.

Some quick budgeting tips:

• Maintain targets that your budgets overall aim is to ascertain - this acts as extra incentive to succeed.

• Don't just keep with your original budget – reassess it every now and then, and alter it if necessary to reflect changes you feel are needed to improve its efficiency.

• Having a budget is not all about sacrifice – if you save more than expected, or reach a goal early, treat yourself every now and then for all your hard work.

Are you in need of budgeting services that are tailored to suite your individual or business needs? If you answered yes, then click here to submit an online enquiry form or call 1300 QUINNS (784667) or on +61 2 9223 9166. One of Quinn’s highly trained accountants may just be able to help you! 

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The Quinn Group - Providing the Total Solution

As both a legal and accounting firm The Quinn Group are able to offer business legal and accounting services in one location. Visit our Business Legal Services page to see our range of legal services available to your business.

Visit our Personal Accounting Services page for more information on the wide range of Accounting Services that The Quinn Group can provide to you as an individual.

View all our office locations to find The Quinn Group office nearest you, or call us on

1300 QUINNS (1300 784 667) or on +61 2 9223 9166 to arrange an appointment.

Whilst we have 5 offices located in Sydney, we are also able to meet you at location convenient for you. Additionally, we have web and teleconferencing available for regional, interstate or international clients.