A budget worksheet for a business needs to include all monetary occurrences for the business. The sample worksheet details two major areas:
Income is the money the business took in during the budget time frame.
Expenses are what the business paid out during the budgeted time frame. Expenses can include fees paid to attorneys, advertising, utilities, travel expenses, entertaining potential clients, and networking fees.
The worksheet also includes other financial entries such as:
Interest Earned, which is the amount of interest credited to a business's account, either from interest-earning accounts or from accounts receivables that were paid off using a financing option.
Interest Paid, which is the amount financing cost the business during the budget period.
Cost of Goods Sold, which is the value of a business's inventory after sales and purchases.
When the total income and total expenses have been tallied, subtracting the total expenses from total income will produce the Net Income for the business. If the number is positive, the business shows a Net Profit. If the number is negative, that is a Net Loss.