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Q: How to create a budget in QuickBooks?

  • Ganga Singh
  • Aug 18, 2025

1 Answers

A:

Steps to Create a Budget in QuickBooks Online

  • Go to Budgeting – Click the gear icon and select Budgeting.
  • Create a New Budget – Click "Create New" and choose the budget type (Profit & Loss or Balance Sheet).
  • Select Fiscal Year – Choose the year for your budget.
  • Choose Budget Format – Select Consolidated or Subdivided (by location, class, etc.).
  • Enter Budget Data – Manually input values or use past financial data.
  • Save & Review – Click Save and compare actual vs. budgeted amounts.

Steps to Create a Budget in QuickBooks Desktop

  • Go to Company > Planning & Budgeting – Click "Set Up Budgets".
  • Select Fiscal Year – Choose the year for your budget.
  • Choose Budget Type – Select Profit & Loss or Balance Sheet.
  • Enter Budget Details – Input expected income and expenses.
  • Save & Analyze – Click Finish and review budget reports.
  • arun kumar
  • Aug 24, 2025

0 0

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