I have my budget set up with multiple classes and sub classes. I am having trouble getting a good budget vs actual budget report by class. Tips would be appreciated.

Hi 4mbr, 

QuickBooks Online comes stocked with tons of great reports that can help give you a better understanding of your business finances. It's important that you're able to view your Budget vs. Actuals report in a way that makes sense for you. I'll explain your options. 

Reports can often be filtered or customized to display information specific to your needs. In the case of the Budget vs. Actuals report, you're able to filter by Account only. If this is something that would help you, you can do so by following the steps below. 

1. Click Reports. 

2. Select the Budget vs. Actuals report. 

3. Click Customize. 

4. Click the Filter drop-down menu, then check off the box next to Account. 

5. Select the account of choice, then click Run report. 

I hope this helps. If that's not quite what you're looking for, I'd recommend reaching out to our tech support team. I'm confident an agent will be able to get you back on the right track in no time. 

Have a great day. 

I have QB Desktop Premier, not QB online.

I see, my mistake. 

With QuickBooks Desktop, you can filter reports just as easily as you can with the Online version! To customize the report in QuickBooks Desktop, follow this article for tips and helpful instructions: Customize reports in QuickBooks Desktop. 

If you have any other questions, please get in touch with our Desktop support department. 

Cheers. 

I am having a similar issue. I wish to run budget vs actual P&L with multiple classes, however the it appears only one budget can be reflected. each class has a different budgets. pls help 

Hello phillipaSA,

You're correct in that only one budget can be selected at a time when running the Profit & Loss Budget vs. Actual report. Since I can see how important it could be to reflect more than one budget or compare budgets in a report like this, so I encourage you to navigate to the Help menu and choose to Submit feedback online in order to let our product developers know what you'd like to see in future QuickBooks Desktop updates.

In the meantime, you can use the option to Create new worksheet be selecting the Excel dropdown at the top of the report. You can run a report for each budget, then manipulate the data via Excel once you've exported it. This'll allow you to see exactly the data you're looking to pull.

Let me know if there's more I can do to help. Have a great day!

I also have the same issue and need this information. Has there been any progress in QuickBooks Online capabilities seeing as how this was originally posted over 2 years ago?

Hi frustrated-user2023,

Thanks for joining us here.  Follow these steps to view the desired information;

1. Open Reports and select the Standard tab

2. Select the Profit and Loss report

3. Enter the Report period using the ▼ dropdown. Then select Last year, if your fiscal year starts in January. If not, select Last fiscal year.

4. Use the ▼ dropdown menu in the Display columns by' field and select Classes

5. Hit Run report.

Feel free to get back to us with other questions.  We would be happy to help!

Hi Trish,

Your response was absolutely not helpful! As per the original post, we too have our budget set up with multiple classes and sub classes that was entered into QuickBooks as such; however, there are no reports using QuickBooks Online that show the breakdown of the budget by class. Following your directions merely produce a report that showing the actuals by class of the previous year and not the budget that was entered for this present year. Does QuickBooks Online still not have the capacity to produce the desired reports despite years passing and being promised prior to migrating to QuickBooks Online that we would have the same capacity as we did previously with QuickBooks Desktop?

Hi frustrated-user2023,

I appreciate you getting back to me here.  As you've noticed, QuickBooks Online provides features that are not exactly as you're accustomed to with QuickBooks Desktop.  However, you can create multiple reports that are customizable to your specific needs.  Click here to review common reports in QuickBooks Online.  In addition, I encourage you to submit any suggestions that you may have, to our Development Team.  Customer recommendations are greatly appreciated in assisting with future updates and feature enhancements to improve your overall experience with QuickBooks Online.

Please don't hesitate to reach back out.  We would be glad to assist!

So in summary, the report that we require is not available through QuickBooks Online and any feedback that was submitted since Rebecca R's post from February 15, 2021 also advising feedback has not resulted in any progress on this matter. Correct?