How do I add a new subdivision in a new budget?

Thanks for sharing this in the Community, Belinda. To add a new subdivision within a budget in QuickBooks Online (QBO), you first need to activate Classes or Locations based on how you'd like to track your financial data.

Here’s how to enable these features:

1. Go to the Gear icon in the top-right corner.
2. Choose Account and Settings.
3. Navigate to the Advanced tab.
4. In the Categories section:
   • Turn on Track classes (or Track locations, if that suits your needs better).
   • Decide whether to assign classes or locations to entire transactions or individual lines.
5. Click Save and close.

Once Classes or Locations are set up, you can proceed to create a new budget, including your subdivisions. Follow these steps:

1. Hit the Create budget.
2. For the Budget type, pick Profit and Loss.
3. Choose the Subdivided budget format.
4. Specify the fiscal year for your budget.
5. Select your subdivision criteria, such as Class or Location.
6. Click Next to continue.

For more detailed guidance, you can visit the official article: Create budgets.

If you have any questions while setting up your budget or need additional help with subdivisions or other QuickBooks Online features, feel free to reach out. Our Community is here to support you every step of the way, and I’m confident you’ll find the resources needed to manage your budgets successfully. Take care!