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Level 2

Creating a Budget

Hello Community,

I am hoping someone can assist me, I got introduced to Quick-books because I am currently serving as a Non-Profit Treasurer for a local Non-Profit organisation.

The President of the organisation has asked me to create a budget for the 2020 fiscal year, I have been researching this for a few days now and I know that Quick-books does have a feature that lets you design the budget but I cannot figure out how to pick specific accounts in my chart of accounts to include in the budget, I have quite a few accounts in the chart of accounts and i want to only use a few of them to include in the budget.

Please help I am feeling out of my depth and could really use someones experience.

 

Thanks alot

Ed

Solved
Best answer 01-09-2020

Best Answers
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QuickBooks Team

Creating a Budget

Thanks for coming back for additional support, @Soccertreasurer.

 

You can also run a Budget vs. Actual report to show how your business goes compared to the budget you determined. Then, customize what specific type of accounts you'd want to show. 

 

Here are our articles that you can check to know more about reports in QuickBooks Desktop:

 

 

Let me know if you have more questions. We're always delighted to help. 

 

View solution in original post

3 Comments
Highlighted
Moderator

Creating a Budget

Welcome to the Community, @Soccertreasurer.

 

In QuickBooks Desktop (QBDT), the ability to pick a specific account to include in the budget is currently unavailable. All active accounts in the Chart of Accounts will automatically show when creating one.

 

In the meantime, only enter some information on the account that you need and just leave the others as blank as a workaround.

 

I can see how having this option would be helpful for you and your organization. Rest assured that I'll pass along your suggestion to our Product Developers. They're always looking for ideas to consider on how to improve QuickBooks.

 

I also recommend visiting our Blog site. This is where we share recent happenings and future developments, such as updates to newly added features.

 

Just in case, I'll add this article for future reference: Create a budget or forecast in QuickBooks Desktop.

 

Please let me know if you have any other issues or concerns, and I'll return to you as soon as possible. I'm always here to help. Have a great rest of the day!

Highlighted
Level 2

Creating a Budget

Thanks for reaching out to me regarding this, as far as your proposal 

 

"In the meantime, only enter some information on the account that you need and just leave the others as blank as a workaround. In the meantime, only enter some information on the account that you need and just leave the others as blank as a workaround."

I cannot realistically do this as I use all the chart of accounts in the running of my accounting practices.

 

I am wondering if there is any other workaround to accommodate a report that can include the accounts that I want to use, such as creating a Job or New Customer in QB.

 

My president is ultimately looking for a report that I can produce at monthly board meetings where I can show Budget to Actual data that way its not this huge 3 page P&L report where it includes too much data, is there anything that you can think where I can achieve this?

 

Highlighted
QuickBooks Team

Creating a Budget

Thanks for coming back for additional support, @Soccertreasurer.

 

You can also run a Budget vs. Actual report to show how your business goes compared to the budget you determined. Then, customize what specific type of accounts you'd want to show. 

 

Here are our articles that you can check to know more about reports in QuickBooks Desktop:

 

 

Let me know if you have more questions. We're always delighted to help. 

 

View solution in original post

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