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colleen35
Level 2

Can get more granular with the budget? ie., create a line item for each software subscription w/o creating a new account

I'd like to get more granular with my budget.  For example, create a line item for each software service we subscribe to, without creating new account numbers in the chart of accounts.
4 Comments 4
LieraMarie_A
QuickBooks Team

Can get more granular with the budget? ie., create a line item for each software subscription w/o creating a new account

Hi there, @colleen35.

 

Do you need to create sub-accounts? Do you want to assign the accounts to specific items? In QuickBooks Online, you can create subaccounts to break down your expenses, income, and other account types in more detail. 

 

If you need further assistance, feel free to comment down below. Looking forward to your response.

colleen35
Level 2

Can get more granular with the budget? ie., create a line item for each software subscription w/o creating a new account

Thank you @LieraMarie_A for your response.  My fault, I should have been clearer with my question.  I do not want to create sub-accounts.  In "Tools" I am using the "Budgeting" feature and for example, under the account, Software Subscriptions, I would like to add a line item for each specific vendor to add in the monthly cost for that vendor and then have those cost add up with the monthly total showing under Software Subscriptions.  Thanks!

FritzF
Moderator

Can get more granular with the budget? ie., create a line item for each software subscription w/o creating a new account

Hello, colleen35.

 

Thanks for getting back to us. Allow me to jump in and share information about the Budget feature in QuickBooks Online (QBO).

 

QBO creates the Budget accounts list directly from your Chart of Accounts (COA). To add a line item when entering a Budget, you'll need to make a new account or sub-account. Currently, the option to add line item without creating a new account is unavailable.

 

I can see how having this option would be helpful for you and your business. While this isn't available yet, I suggest sending feedback directly to our product developers. They're always looking for ideas to consider on how to improve QBO.

 

Here's how to submit feedback:

 

  1. In QBO, go to the Gear (Settings) icon at the top right.
  2. Select Feedback.
  3. Enter your comments or product suggestions. Then click Next to submit feedback.

 

For more information about managing Budgets in QBO, consider checking out this article: Create budgets in QuickBooks Online.

 

I also recommend visiting our website for more tips and other resources you can use in the future: Self-help articles.

 

Please post again or leave a comment below if you have additional questions about this or anything else. I'm always here, ready to help. Take care.

colleen35
Level 2

Can get more granular with the budget? ie., create a line item for each software subscription w/o creating a new account

Thank you @FritzF !  You have answered my question.  Not the answer I was looking for, but the answer so thank you.  I will submit my feedback as suggested.

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