Create goals to keep your business on course

Learn how to set up and manage goals to keep your business on course in Intuit Enterprise Suite. 

Goals help you define and track your business objectives for success. To create or monitor your goals, you must sign in as one of the following users:

• Admin
• Standard all
• Users with budget edit permissions (access to only company goals)
• Project Manager (access to only project goals)

Use suggested goals

Intuit Enterprise Suite can automatically suggest goals for you based on AI-suggested forecasts, which are based on your past financial data. You must have at least three years of historical data.

1. Go to Financial planning, then select Goals.
2. In the Goals suggested for you section, you'll see AI-recommended goals for total income, total expense, net profit margin, and gross profit margin.
3. Select Set as goal to accept the suggested goal or customize it further.

Create a goal

Step 1: Access the goals center

1. Go to Financial Planning, then select Goals.
2. Select Create goal.

Step 2: Set up your goal

Next, define the details of your goal.

1. Type of goal: Choose between Company goals and Project goals.
   If you select Project goal, select a project from the list and the KPI is pre-selected to net profit margin. Goals created for a project will also be reflected in the projects page.
2. KPI: Select the Key Performance Indicator you want to track —Total Income, Total Expense, Net Profit Margin, or Gross Profit Margin.
3. Goal name: Enter a descriptive name for the goal. 
4. Goal Period: Set the start and end dates for your goal. 
5. Set goal: Enter the numerical goal value.

Step 3: Review and save

Review the past actual data provided by Intuit Enterprise Suite, which shows historical values for your selected KPI for the last five years. This will help you set realistic targets. Once you are satisfied with your setup, click Save to create the goal.

Track and monitor goals

Once your goals are set, you can track and monitor them within the goals center.

View progress

The goals center displays actual value, target value, and the forecasted value at the end of the goal duration (for companies that have forecasts available) for each KPI.

Status tags indicate whether the goal status is Not started, In progress, Achieved, or Not achieved. For project profit margin goals, there is an additional status tag Canceled in case the project status is set to the same.

Status overview

You can check whether you are on track, at risk, or off-track to meet your goals based on forecasts, which are updated at regular intervals.

Filter your goals

You can filter your goals based on the type of goal by selecting the category. 

Edit a goal

To make modifications to an existing goal:

1. Go to Goals.
2. Select the goal card you want to edit.
3. Select Edit from the three-dot menu on the tracking card.
4. Update the details as required (Note: Goal type can't be edited).
5. Select Save to apply the changes.

Delete a goal

To delete a goal permanently:

1. Go to the Goals.
2. Find the goal you want to delete.
3. Select Delete from the three-dots menu of the tracking card.
4. Confirm the deletion. 
   Note: This action is irreversible.

By effectively setting and tracking your financial goals in Intuit Enterprise Suite, you can manage your business performance optimally, stay motivated, and achieve your aspirations.